N.Y. Real Property Tax Law § 585: Taxation or exemption of watershed agricultural easements

§ 585. Taxation or exemption of watershed agricultural easements. 1.

Any watershed agricultural easement acquired before January first, two

thousand eleven shall be exempt from taxation on any assessment roll on

which the land subject to the easement qualifies for and receives an

agricultural assessment pursuant to article twenty-five-AA of the

agriculture and markets law.

2. Any watershed agricultural easement that burdens land which does

not receive an agricultural assessment pursuant to article

twenty-five-AA of the agriculture and markets law or which is acquired

on or after January first, two thousand seventeen shall be subject to

taxation for all purposes. The taxes levied on such easement shall be

levied as provided in this title.