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S07655 Summary:

BILL NOS07655
 
SAME ASSAME AS A09732
 
SPONSORAMEDORE
 
COSPNSR
 
MLTSPNSR
 
Add §491-b, RPT L
 
Authorizes certain towns to adopt a local law to provide that, real property whose interests or rights have been acquired for the purpose of the preservation of an open space or an open area may be partially exempt from local real property taxation, provided that the owner or owners of such real property enter into a conservation easement agreement with the municipality.
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