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S 5603 New York Senate · 2025 Regular Session

Relates to real property tax exemptions for preservation of forest lands and state assistance to municipalities

Summary
Authorizes state assistance to municipalities containing exempt privately owned forest lands; expands categories of lands eligible for certain property tax exemptions as forest lands; authorizes tax exemptions for certain conservation easement tracts; provides for violations of certain provisions relating to filing for tax exemptions of forest lands.
Issues: ✓ Budget & TaxesSupports Budget & TaxesExpands property tax exemptions for forest lands and conservation easements, providing tax relief to landowners and encouraging preservation through fiscal incentives.90% confidence ✓ EnvironmentSupports EnvironmentExpands tax exemptions for forest land preservation, incentivizing conservation of natural resources through municipal assistance and conservation easements.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2025 Last action May 19, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
3
May 19, 2026
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Jan 7, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
Feb 25, 2025
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rachel May
Rachel May
DDemocratic/Working Families
NY
48