Establishes a forestry stewardship and habitat conservation credit for personal income and business franchise taxes

Bill A 520 creates a tax credit allowing New York landowners to deduct 25% of real property taxes paid on land enrolled in forestry stewardship or habitat conservation programs. To qualify, land must be at least 25 contiguous acres, inspected by DEC-certified biologists, and committed to a 5-year conservation agreement with the Department of Environmental Conservation. The credit is capped at $10,000 annually per taxpayer and applies to personal income and business franchise taxes. Landowners must follow approved conservation plans and record agreements with local authorities to maintain eligibility.