Legislation
SECTION 24-0905
Tax abatement
Environmental Conservation (ENV) CHAPTER 43-B, ARTICLE 24, TITLE 9
§ 24-0905. Tax abatement.
Any freshwater wetland subject to land use regulations pursuant to
section 24-0903 of this article or subject to a cooperative agreement
pursuant to section 24-0901 of this article shall be deemed subject to a
limitation on the use of such wetlands for the purposes of property tax
evaluation, in the same manner as if an easement or right had been
acquired pursuant to the general municipal law. Assessed value shall be
based, during the duration of such agreement or regulations, on the uses
remaining to the owner thereof.
Any freshwater wetland subject to land use regulations pursuant to
section 24-0903 of this article or subject to a cooperative agreement
pursuant to section 24-0901 of this article shall be deemed subject to a
limitation on the use of such wetlands for the purposes of property tax
evaluation, in the same manner as if an easement or right had been
acquired pursuant to the general municipal law. Assessed value shall be
based, during the duration of such agreement or regulations, on the uses
remaining to the owner thereof.