What's happening
This bill exempts land used to grow bio-energy crops for alternative fuel from property taxes for five years.
Why it matters
Encourages renewable energy production. by making it more financially attractive for landowners to grow bio-energy crops intended for cellulosic ethanol, potentially expanding the state’s supply of alternative fuels.
Supports agricultural diversification and rural economies. by providing a significant tax incentive for farmers and landowners to convert or dedicate land to bio-energy crop production, offering a new potential revenue stream.
Includes accountability measures. requiring proof that land is actually used for eligible bio-energy crops to receive the tax exemption, aiming to prevent misuse of the incentive and ensure it targets genuine alternative fuel efforts.
Time-limited policy allows for evaluation. as the exemption is set to expire after five years, giving policymakers a chance to assess the program’s impact on energy production, farm income, and tax revenues before deciding on extension or modification.
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Who cares
Headline styles
Exempt Farm Biofuel Land Taxes
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
5 Multi-sponsors
History
- Referred to real property taxation
- Referred to real property taxation
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
911
2017-2018 Regular Sessions
IN ASSEMBLY
January 9, 2017
Introduced by M. of A. CROUCH, HAWLEY, OAKS -- Multi-Sponsored by -- M. of A. BARCLAY, BUTLER, FINCH, KOLB, LOPEZ, RAIA -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to providing a real property tax exemption on lands used for certain agricultural purposes; and providing for the repeal of such provisions upon expiration thereof
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The real property tax law is amended by adding a new section 481-a to read as follows:
§ 481-a. Tax exemption for certain agricultural lands. 1. Real property that is subject to assessment under section three hundred four-a of the agriculture and markets law shall be exempt from taxation to the extent of one hundred percent of the assessed value of such property for village, town, part town, special district, city, or county purposes or school districts, exclusive of special assessments, if such property is used in the production of bio-energy crops that are intended for use as alternative fuel.
2. Such exemption shall not be granted to a property owner unless such owner provides the taxing authority with proof, satisfactory to the office of real property services, that such lands are used for the purposes described in subdivision one of this section.
3. Application for such exemption shall be filed with the assessor or other agency, department or office designated by the municipality offering such exemption on or before the taxable status date on a form as prescribed by the state board.
4. For purposes of this section, "bio-energy crops" shall mean crops grown specifically for cellulosic ethanol processing.
§ 2. This act shall take effect immediately and shall expire and be deemed repealed five years after such effective date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04553-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.