New York A03823 expands the real property tax exemption to include land used for processing or retail merchandising of agricultural products.

New York A03823 amends the agriculture and markets law and the real property tax law to include land used for processing or retail merchandising of agricultural products within the real property tax exemption for land used in agricultural production. This change applies to land used in the preceding two years for the production of crops, livestock, or livestock products with an average gross sales value of ten thousand dollars or more. The exemption also includes land used for commercial horse boarding operations with annual gross receipts of ten thousand dollars or more.

New York A03823 expands the real property tax exemption to include land used for processing or retail merchandising of agricultural products.

New York A03823 amends the agriculture and markets law and the real property tax law to include land used for processing or retail merchandising of agricultural products within the real property tax exemption for land used in agricultural production. This change applies to land used in the preceding two years for the production of crops, livestock, or livestock products with an average gross sales value of ten thousand dollars or more. The exemption also includes land used for commercial horse boarding operations with annual gross receipts of ten thousand dollars or more.