New York S01300 amends the public lands law to provide state aid to the town of New Hudson and special districts for state land managed by the.
New York S01300 amends the public lands law to ensure the payment of state aid to the town of New Hudson and special districts within it for state land operated by the Department of Environmental Conservation. This aid is intended to compensate for the loss of taxable assessed valuation due to the transfer of land or improvements to the state. The aid is calculated based on the taxes that would have been levied on the land and improvements before the transfer. The amendment takes effect immediately, with the first payment based on the 2024 assessment rolls.
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