New York S00543 establishes a forestry stewardship and habitat conservation credit for personal income and business franchise taxes.

New York S00543 creates a forestry stewardship and habitat conservation credit for personal income and business franchise taxes. The bill establishes a program for landowners to commit their land to habitat conservation or forestry stewardship for at least five years. Landowners can apply to the Department of Environmental Conservation to have their land included in the program. If the land is deemed eligible, the department may enter into an agreement with the landowner.

New York S00543 establishes a forestry stewardship and habitat conservation credit for personal income and business franchise taxes.

New York S00543 creates a forestry stewardship and habitat conservation credit for personal income and business franchise taxes. The bill establishes a program for landowners to commit their land to habitat conservation or forestry stewardship for at least five years. Landowners can apply to the Department of Environmental Conservation to have their land included in the program. If the land is deemed eligible, the department may enter into an agreement with the landowner.