NY State Senate Bill 2023-S8468

Current Bill Status - In Senate Committee Local Government Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Feb 01, 2024	referred to local government

2023-S8468 (ACTIVE) - Details

See Assembly Version of this Bill:: A8417
Current Committee:: Senate Local Government
Law Section:: Real Property Tax Law
Laws Affected:: Amd §483, RPT L

2023-S8468 (ACTIVE) - Summary

Expands the tax exemption for new farm buildings to include buildings used for on-farm retail sales.

2023-S8468 (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S8468

SPONSOR: HINCHEY
 
TITLE OF BILL:

An act to amend the real property tax law, in relation to expanding the
tax exemption for new farm buildings

 
PURPOSE:

To expand the farm building tax exemption to include on-farm buildings
and structures used for processing and retail sales of crops produced
on-farm.

 
SUMMARY OF PROVISIONS:

Section 1: Amends subdivision 2 of section 483 of the real property tax
law to make buildings and structures used for the on-farm processing and
retail sale of crops produced on-farm eligible for the state farm build-
ing tax exemption.

Section 2: Establishes the effective date.

 
JUSTIFICATION:

Currently, new farm structures and buildings used to produce crops are
eligible for a ten-year tax exemption. New buildings used for the proc-
essing or on-farm sale of crops are not eligible for the exemption,
except for buildings used in the processing of maple syrup and honey.

Farms are vital to New York's economy and long-term sustainability.  The
state is losing farms, partly due to development pressure and partly
because it is difficult to make a living farming. In the past, most
farmers produced crops and sold them wholesale to a processor or
distributor. That model is rapidly changing, especially for smaller
family farms. Small-scale farmers often make more money by selling their
crops or "value-added" products made from their crops directly to
consumers rather than to wholesalers.

New York farmers are national leaders in direct marketing to consumers.
We have over 700 farmers' markets in the state, and an undetermined
number of farmstands and farm stores. In order to make our farms compet-
itive and economically viable, we need to incentivize farm investment in
infrastructure, including buildings for processing and selling farm
products. This bill will help farmers who wish to sell directly to
consumers or add value to their products develop the capacity to process
and sell their crops by expanding the existing ten-year tax break to
include new buildings dedicated to processing and retail sales of crops
produced on-farm.

Although local tax districts will temporarily lose tax revenue on such
new buildings, the tax break should encourage more farm infrastructure,
which will add to the tax rolls in the long run.  Additionally, farms
with retail stores should produce jobs and create agritourism which will
help support rural communities throughout the state.

 
LEGISLATIVE HISTORY:

New Bill.
 
LOCAL FISCAL IMPLICATIONS:

Minimal local tax implications.

 
EFFECTIVE WE DATE:

This act shall take effect one year after it shall have become a law.

2023-S8468 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8468
 
                             I N  S E N A T E
 
                             February 1, 2024
                                ___________
 
 Introduced  by  Sen. HINCHEY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Local Government
 
 AN ACT to amend the real property tax law, in relation to expanding  the
   tax exemption for new farm buildings
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision 2 of section 483 of the real property tax  law,
 as  amended  by chapter 35 of the laws of 2016, paragraph (e) as amended
 by chapter 160 of the laws of 2021, is amended to read as follows:
   2. The term "structures and buildings" shall  include:  (a)  permanent
 and  impermanent  structures,  including trellises and pergolas, made of
 metal, string or wood, and buildings or portions thereof  used  directly
 and  exclusively  in the raising and production for sale of agricultural
 and horticultural commodities or necessary for the storage thereof, [but
 not structures and buildings or portions thereof used for the]  OR  USED
 FOR  THE  ON-FARM  processing  of  SUCH  agricultural  and horticultural
 commodities, or the ON-FARM retail merchandising  of  such  commodities;
 (b)  structures  and  buildings  used to provide housing for regular and
 essential employees and  their  immediate  families  who  are  primarily
 employed  in  connection with the operation of lands actively devoted to
 agricultural and horticultural use, but  not  including  structures  and
 buildings  occupied  as  a  residence by the applicant and his immediate
 family; (c) structures and buildings  used  as  indoor  exercise  arenas
 exclusively  for  training  and exercising horses in connection with the
 raising and  production  for  sale  of  agricultural  and  horticultural
 commodities  or in connection with a commercial horse boarding operation
 as defined in section three hundred one of the agriculture  and  markets
 law.    For  purposes of this section, the term "indoor exercise arenas"
 shall not include riding academies or dude ranches; (d)  structures  and
 buildings  used  in  the  production  of maple syrup; (e) structures and
 buildings used in the production of  honey,  royal  jelly,  bee  pollen,
 propolis  and  beeswax including those structures and buildings used for
 the storage of bees.   [For purposes of this  section,  this  shall  not
 include  those structures or buildings and portions thereof used for the

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD13911-01-3
 S. 8468                             2

 sale of maple syrup or sale of honey and beeswax.] The term  "structures
 and  buildings"  shall not include silos, bulk milk tanks or coolers, or
 manure storage, handling and treatment facilities as such terms are used
 in section four hundred eighty-three-a of this title.
   §  2. This act shall take effect one year after it shall have become a
 law and shall apply to assessment rolls prepared on the basis of taxable
 status dates occurring on or after such date.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S8468

Sponsored By

Current Bill Status - In Senate Committee Local Government Committee

2023-S8468 (ACTIVE) - Details

2023-S8468 (ACTIVE) - Summary

2023-S8468 (ACTIVE) - Sponsor Memo

2023-S8468 (ACTIVE) - Bill Text download pdf

Comments

Senate Bill S8468

Share this bill

Sponsored By

Michelle Hinchey

Current Bill Status - In Senate Committee Local Government Committee

2023-S8468 (ACTIVE) - Details

2023-S8468 (ACTIVE) - Summary

2023-S8468 (ACTIVE) - Sponsor Memo

2023-S8468 (ACTIVE) - Bill Text download pdf

Comments