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S06469 Summary:
BILL NO | S06469 |
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SAME AS | SAME AS A07096 |
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SPONSOR | HINCHEY |
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COSPNSR | |
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MLTSPNSR | |
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Add §491-b, RPT L | |
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Authorizes certain towns to adopt a local law to provide that, real property whose interests or rights have been acquired for the purpose of the preservation of an open space or an open area may be partially exempt from local real property taxation, provided that the owner or owners of such real property enter into a conservation easement agreement with the municipality. |