Bill > A05189

This bill amends the New York Real Property Tax Law to require taxation of all lands owned by the state in the city of Beacon and the town of Fishkill in Dutchess County, with the specific provision that the state-owned land itself will be taxed, but not the improvements erected on that land by the state. The bill will take effect on the first day of January following its passage and will apply to assessment rolls prepared with taxable status dates on or after that date. This means that state-owned properties in these specific localities will now be subject to local property taxation, potentially generating new tax revenue for the local government, while exempting the value of state-built improvements on those lands from taxation.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A5189