Bill > S05030

This bill provides a tax credit to landowners who allow state-funded snowmobile trails to pass through their property. Specifically, eligible taxpayers can claim a credit of ten cents per linear foot of snowmobile trail on their land, with a maximum annual credit of $750. To qualify, the landowner must permit a state-funded snowmobile trail on their property and claim the credit on their personal income tax return. If the credit amount exceeds the taxpayer's tax liability, they can carry the excess credit forward to future tax years until 2036, or alternatively choose to receive the excess as a refund without interest. The bill amends the New York tax law to add this new provision, and it will take effect on the first day of January following its passage, applying to taxable years beginning on or after that date. The purpose of this bill appears to be incentivizing private landowners to allow public snowmobile trails across their property, potentially expanding recreational snowmobile access in New York state.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S5030