Bill > S05504

This bill modifies New York's agricultural assessment law to change how land is treated when it is converted for energy development purposes, specifically focusing on solar and wind projects. Under the proposed legislation, land that was previously receiving an agricultural assessment would be subject to different rules when converted for energy development. While solar and wind development would be exempt from penalties, oil and gas exploration would now incur significant financial consequences - specifically, if such land is converted, the property owner would be required to pay five times the amount of taxes saved in the last year the land benefited from an agricultural assessment. The bill also requires the Commissioner of Agriculture and Markets to develop regulations within 180 days to ensure that solar development on agricultural lands protects prime farmland, encourages solar activities on marginal soils, and minimizes forest loss. The regulations will be developed in consultation with the Commissioner of Environmental Conservation and the New York State Energy Research and Development Authority. The changes aim to provide more clarity and guidance around how agricultural lands can be used for renewable energy projects while preserving important agricultural resources. The bill will take effect 60 days after becoming law, with immediate authorization for developing necessary implementing regulations.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/S5504