Amd S24-0905, add S24-0907, En Con L; amd S202, RPT L
Provides that local assessing units shall determine the amount of the tax abatement granted to freshwater wetlands, subject to the rules and regulations of the commissioner of taxation and finance; provides such commissioner shall establish a standard application form for such tax abatement; provides that the tax savings provided by real property taxing authorities to freshwater wetlands shall be a state charge.
STATE OF NEW YORK
________________________________________________________________________
4530
2011-2012 Regular Sessions
IN ASSEMBLY
February 4, 2011
___________
Introduced by M. of A. CROUCH, BURLING, FINCH, GIGLIO, OAKS -- read once
and referred to the Committee on Environmental Conservation
AN ACT to amend the environmental conservation law and the real property
tax law, in relation to providing for a real property tax abatement
for land subject to freshwater wetland regulation
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 24-0905 of the environmental conservation law, as
2 amended by chapter 654 of the laws of 1977, is amended to read as
3 follows:
4 § 24-0905. Tax abatement.
5 Any freshwater wetland subject to land use regulations pursuant to
6 section 24-0903 of this [article] title or subject to a cooperative
7 agreement pursuant to section 24-0901 of this [article] title shall be
8 deemed subject to a limitation on the use of such wetlands for the
9 purposes of real property tax evaluation, in the same manner as if an
10 easement or right had been acquired pursuant to the general municipal
11 law. [Assessed] The assessed value of such freshwater wetland shall be
12 based, during the duration of such agreement or regulations, on the uses
13 remaining to the owner thereof as determined by the assessing unit, as
14 defined in section one hundred two of the real property tax law, pursu-
15 ant to rules and regulations promulgated by the commissioner of taxation
16 and finance. The tax abatement provided by this section shall only be
17 granted upon submission to the assessing unit of an application there-
18 for, in such form as shall be established by the commissioner of taxa-
19 tion and finance.
20 § 2. The environmental conservation law is amended by adding a new
21 section 24-0907 to read as follows:
22 § 24-0907. Effect of tax abatement.
23 The total real property tax savings provided by each real property tax
24 authority pursuant to section 24-0905 of this title shall be a state
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD04742-02-1
A. 4530 2
1 charge which shall be payable by the department pursuant to information
2 provided by and subject to a procedure established by the commissioner
3 of taxation and finance.
4 § 3. Subdivision 4 of section 202 of the real property tax law is
5 renumbered subdivision 5 and a new subdivision 4 is added to read as
6 follows:
7 4. (a) The commissioner shall promulgate a statewide standard applica-
8 tion form for the tax abatement for freshwater wetlands granted pursuant
9 to section 24-0905 of the environmental conservation law. Such form
10 shall include all such information as the commissioner shall determine
11 is necessary for an assessing unit to determine the amount of such tax
12 abatement on the appropriate freshwater wetland.
13 (b) The commissioner shall promulgate rules and regulations providing
14 for the determination of the tax abatements to be granted to freshwater
15 wetlands by assessing units pursuant to section 24-0905 of the environ-
16 mental conservation law.
17 § 4. This act shall take effect immediately; except that sections one
18 and two of this act shall take effect on the first of January next
19 succeeding the date on which it shall have become a law and shall apply
20 to real property with a taxable status date on or after such date.
