Bill > A04458

This bill amends the New York Agriculture and Markets Law to increase the maximum acreage of farm woodland that can qualify for agricultural assessment from 50 acres to 100 acres per separately described and assessed parcel. Agricultural assessment is a tax relief program that allows farmland to be valued for property tax purposes based on its agricultural use rather than its potential development value, which can significantly reduce property taxes for farmers. By doubling the allowable woodland acreage, the bill provides farmers with more flexibility in managing forested areas as part of their agricultural property, potentially supporting forest management, timber production, or conservation efforts while maintaining their tax benefits. The change aims to provide additional economic support to farmers by expanding the definition of land used in agricultural production.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A4458