Bill Text: NY S03066 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to excluding the value of trees on privately owned forest land for the purposes of real property tax assessments.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2016-01-06 - REFERRED TO LOCAL GOVERNMENT [S03066 Detail]
Download: New_York-2015-S03066-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 3066 2015-2016 Regular Sessions I N S E N A T E February 2, 2015 ___________ Introduced by Sens. YOUNG, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to excluding the value of trees for the purposes of assessment THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 305 of the real property tax law is amended by 2 adding a new subdivision 4 to read as follows: 3 4. FOR PURPOSES OF REAL PROPERTY TAX ASSESSMENT, THE VALUE OF TREES 4 SHALL BE EXCLUDED FOR THE PURPOSES OF ASSESSMENT. 5 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05935-01-5