Expands eligibility for designation as land used in agricultural production by lowering the average gross sale value of the land to $20,000 or more.
New York A07742 amends the agriculture and markets law to expand eligibility for designation as land used in agricultural production. It lowers the average gross sale value of the land to $20,000 or more in certain cases. This affects land used for agricultural production, including crops, livestock, and livestock products. The changes apply to real property assessments for taxes imposed on or after the effective date of the act.
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