New York A03854 amends the real property tax law to tax state-owned land for all purposes, excluding improvements, starting in 2026.

New York A03854 amends the real property tax law to subject certain state-owned lands to taxation for all purposes, excluding improvements. This applies to specific lands in various counties and towns, including wild or forest lands within the forest preserve and lands acquired for public use. The tax percentages increase annually, reaching 30% by 2030. The bill also ensures that the amount of taxes paid does not reduce payments owed to municipal corporations under other provisions of law.

New York A03854 amends the real property tax law to tax state-owned land for all purposes, excluding improvements, starting in 2026.

New York A03854 amends the real property tax law to subject certain state-owned lands to taxation for all purposes, excluding improvements. This applies to specific lands in various counties and towns, including wild or forest lands within the forest preserve and lands acquired for public use. The tax percentages increase annually, reaching 30% by 2030. The bill also ensures that the amount of taxes paid does not reduce payments owed to municipal corporations under other provisions of law.