Bill > A07742

This bill amends the New York Agriculture and Markets Law to lower the threshold for agricultural land designation by reducing the required average gross sales value from $50,000 to $20,000 in certain scenarios. Specifically, the bill modifies provisions for land used in agricultural production, allowing farms with less than seven acres to qualify for agricultural assessment if they generate an average gross sales value of $20,000 or more, instead of the previous $50,000 requirement. The changes apply to various types of agricultural operations, including crop and livestock production, commercial horse boarding, and apiary (beekeeping) products operations. By lowering the sales threshold, the bill makes it easier for smaller farm operations to receive agricultural land assessments, which can provide tax benefits and help support agricultural businesses. The bill will take effect immediately and will apply to real property assessments for taxes imposed on or after its enactment date, potentially providing financial relief to a broader range of agricultural producers in New York State.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A7742