New York A00154 provides a real property tax exemption for agricultural lands used for producing bio-energy crops intended as alternative fuel.

New York A00154 amends the real property tax law to exempt agricultural lands used for producing bio-energy crops intended for use as alternative fuel. The exemption applies to village, town, part town, special district, city, or county purposes or school districts, excluding special assessments. The exemption is 100% of the assessed value of the property. Property owners must apply for the exemption by the taxable status date using a form prescribed by the state board. The exemption is not granted unless the owner provides satisfactory proof to the taxing authority.

New York A00154 provides a real property tax exemption for agricultural lands used for producing bio-energy crops intended as alternative fuel.

New York A00154 amends the real property tax law to exempt agricultural lands used for producing bio-energy crops intended for use as alternative fuel. The exemption applies to village, town, part town, special district, city, or county purposes or school districts, excluding special assessments. The exemption is 100% of the assessed value of the property. Property owners must apply for the exemption by the taxable status date using a form prescribed by the state board. The exemption is not granted unless the owner provides satisfactory proof to the taxing authority.