Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 30, 2010 |
signed chap.229 |
Jul 19, 2010 |
delivered to governor |
Jun 14, 2010 |
returned to assembly passed senate 3rd reading cal.780 substituted for s5501 |
Jun 14, 2010 |
substituted by a915a |
Jun 10, 2010 |
advanced to third reading |
Jun 09, 2010 |
2nd report cal. |
Jun 08, 2010 |
1st report cal.780 |
May 25, 2010 |
reported and committed to finance |
Jan 06, 2010 |
referred to agriculture |
May 12, 2009 |
referred to agriculture |
Senate Bill S5501
Signed By Governor2009-2010 Legislative Session
Sponsored By
(D, IP) Senate District
Archive: Last Bill Status Via A915 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D, WF) Senate District
(D) Senate District
2009-S5501 (ACTIVE) - Details
2009-S5501 (ACTIVE) - Summary
Relates to the administration of property tax assessments for certain orchards and vineyards; establishes the portion of the value of orchard or vineyard land eligible for real property tax exemption shall be determined based on the average per acre assessment of all agricultural land of the specific tax parcel as reported in a form approved by the state board of real property services.
2009-S5501 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5501 TITLE OF BILL : An act to amend the agriculture and markets law, in relation to the administration of property tax assessments for certain orchards and vineyards PURPOSE : This bill amends an existing property tax exemption for reinvestment in orchards and vineyards by establishing a more streamlined process to implement the exemption. SUMMARY OF PROVISIONS : This bill amends section 305 of the agriculture and markets law by establishing that the amount of taxes that qualified newly or replanted orchard and vineyards will be exempt from under this program will be based on the average per acre assessment of the tillable land of the total taxable parcel, not the specific assessment of the qualified acreage. JUSTIFICATION : The new or replanted orchard property tax exemption recognizes that investing in new orchards and vineyards means the land will not produce a viable crop for six years after planting due to the plants need to grow and mature.
2009-S5501 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5501 2009-2010 Regular Sessions I N S E N A T E May 12, 2009 ___________ Introduced by Sen. VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Agriculture AN ACT to amend the agriculture and markets law, in relation to the administration of property tax assessments for certain orchards and vineyards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 7 of section 305 of the agriculture and markets law is amended by adding a new closing paragraph to read as follows: IN ADMINISTERING THIS SUBDIVISION, THE PORTION OF THE VALUE OF LAND ELIGIBLE FOR SUCH REAL PROPERTY TAX EXEMPTION SHALL BE DETERMINED BASED ON THE AVERAGE PER ACRE ASSESSMENT OF ALL AGRICULTURAL LAND OF THE SPECIFIC TAX PARCEL AS REPORTED IN A FORM APPROVED BY THE STATE BOARD OF REAL PROPERTY SERVICES. S 2. This act shall take effect immediately and shall apply to assess- ment rolls prepared on the basis of taxable status dates occurring on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01225-04-9
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