Bill

Bill > A01444


NY A01444

NY A01444
Provides that the entire parcel of land shall be eligible for an agricultural assessment when at least 85% of a single parcel of land is used for agricultural production.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the agriculture and markets law, in relation to agricultural assessments of certain parcels of land

AI Summary

This bill amends the agriculture and markets law to modify the eligibility criteria for agricultural assessments on land parcels. Specifically, the bill allows landowners to receive an agricultural assessment for an entire parcel of land if at least 85% of that parcel is used for agricultural production. Under the current law, only the portion of land actively used for agricultural purposes might qualify for such an assessment. An agricultural assessment is a tax benefit that allows farmland to be valued based on its agricultural use rather than its potential market value, which can result in lower property taxes. The bill enables farmers with parcels that have a small non-agricultural portion to now receive the tax assessment for the whole property, providing more financial flexibility and support for agricultural landowners. To qualify, the landowner must still file an application in accordance with existing regulations, and the provision applies regardless of how the remaining portion of the land is used.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

referred to agriculture (on 01/09/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...