New York Senate Bill 1131: Authorizes municipalities to develop and implement a plan for local land value taxation based on classes of land; allows real estate to be classified as land or land exclusive of buildings and buildings on land.

New York · 2025-2026 session

What it does

Authorizes municipalities to develop and implement a plan for local land value taxation based on classes of land; allows real estate to be classified as land or land exclusive of buildings and buildings on land.

Latest action

PRINT NUMBER 1131B (2026-01-27)

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