New York 2025-2026 Regular Session

New York Senate Bill S05504

Introduced
2/24/25  

Caption

Provides that property receiving an agricultural assessment which is converted for purposes of oil or gas exploration shall be subject to payments equaling five times the taxes saved in the last year in which the land benefited from an agricultural assessment; exempts property converted for solar development from such payments.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.