Property tax exemption for farmers extended another 10 years

A tax exemption that's deemed essential for farmers and growers across New York state has been extended for another decade.

Posted: Dec 4, 2018 9:18 AM

ALBANY, N.Y. (AP) - A tax exemption that's deemed essential for farmers and growers across New York state has been extended for another decade.

Gov. Andrew Cuomo announced Monday that the state's Real Property Tax Law exemption has been extended for the next 10 years. The Democrat says the exemption will help farmers and orchard owners to grow their businesses.

The law exempts agricultural producers from paying real property tax on buildings essential to their products, such as temporary greenhouses and dairy barns.

Agriculture is one of New York's leading industries. State officials say the exemption will help the state's farmers stay competitive in the global economy.

The law granting the exemption was set to expire Jan. 1.

The Cuomo administration says the exemption has saved New York farmers nearly $113 million since 2008.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

New York Coronavirus Cases

County data is updated nightly.

Cases: 1998912

Reported Deaths: 51579
CountyCasesDeaths
Kings2647539990
Queens2635139581
Suffolk1935463314
Nassau1773443116
Bronx1748526394
New York1322964329
Westchester1257262245
Erie825881706
Richmond707011753
Monroe611141034
Orange46133782
Rockland45700941
Onondaga36061661
Dutchess27982435
Albany23679345
Oneida21454497
Niagara18314333
Broome17417348
Saratoga14418160
Ulster13039241
Schenectady12420192
Rensselaer10679136
Putnam1021791
Chautauqua8419134
Chemung7162133
Oswego698690
Ontario688792
Steuben6296141
St. Lawrence621795
Sullivan615368
Cayuga587190
Jefferson546565
Wayne526067
Cattaraugus516981
Genesee5065121
Herkimer4930107
Clinton455032
Madison430286
Fulton408186
Tompkins405849
Livingston401858
Montgomery3896116
Columbia383299
Cortland354660
Tioga341258
Warren338656
Wyoming326151
Otsego319647
Allegany318583
Greene312674
Chenango309174
Washington285755
Orleans277683
Lewis245734
Franklin240312
Delaware217036
Seneca188356
Schoharie155215
Essex150426
Yates111026
Schuyler99014
Hamilton3012
Unassigned14367
Out of NY0216
Rome
Clear
46° wxIcon
Hi: 58° Lo: 36°
Feels Like: 46°
Binghamton
Clear
49° wxIcon
Hi: 55° Lo: 35°
Feels Like: 47°
Rome
Clear
46° wxIcon
Hi: 60° Lo: 37°
Feels Like: 46°
Rome
Clear
46° wxIcon
Hi: 56° Lo: 35°
Feels Like: 46°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
Saluting Those Who Are Proud 2 Serve
Enter the Rock Your Body Giveaway from Alivana Aesthetics
Looking for work or looking to hire? Check out the WKTV Job Fair!