Authorizes the town of Chester to establish community preservation funds; establishes a real estate transfer tax with revenues therefrom to be.

New York A02022 authorizes the town of Chester to establish community preservation funds. The bill establishes a real estate transfer tax with revenues therefrom to be deposited in said community preservation fund. The fund's purposes include preserving open space, farmland, scenic areas, wetlands, and historic places. The town board must adopt a community preservation project plan, which is updated every five years. The plan prioritizes farmland preservation and lists projects to be undertaken using fund monies. The tax applies to real property conveyances, with certain exemptions.

Authorizes the town of Chester to establish community preservation funds; establishes a real estate transfer tax with revenues therefrom to be.

New York A02022 authorizes the town of Chester to establish community preservation funds. The bill establishes a real estate transfer tax with revenues therefrom to be deposited in said community preservation fund. The fund's purposes include preserving open space, farmland, scenic areas, wetlands, and historic places. The town board must adopt a community preservation project plan, which is updated every five years. The plan prioritizes farmland preservation and lists projects to be undertaken using fund monies. The tax applies to real property conveyances, with certain exemptions.