Meeting on Forest Tax Law

Date/Time
Date(s) - Wednesday, Feb 27, 2019
6:00 pm - 8:00 pm

Location
Concord Town Hall

Categories


The New York State Department of Environmental Conservation (DEC) will hold a public meeting where stakeholders can offer input on the Forest Tax Law Program’s Section 480a.

The meeting will be held from 6 p.m. – 8 p.m. Wednesday, Feb. 27 in Concord Town Hall, 86 Franklin St., Springville.

The Forest Tax Law was enacted in 1974 to give forest landowners with 50 acres or more of qualifying land in New York State an incentive for the “continued production of forest crops.” Currently, there are more than 3,400 forest landowners and more than 1.2 million acres of private forest land enrolled in the program.

The changes under consideration would address the Real Property Tax Law Section 480a and would not alter the annual tax benefit, stumpage tax, commitment period or penalties for non-compliance.

The purpose of the meeting is to discuss areas of the program that could be improved including increasing compliance, reducing administrative burdens, and improving forestry outcomes.

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