McLAUGHLIN SUPPORTS AGRICULTURE TAX CAP
McLaughlin commends legislation that will strengthen our agricultural infrastructure
Assemblyman Steve McLaughlin (R,C,I-Melrose), along with a bi-partisan coalition of lawmakers, the New York Farm Bureau and family farms across New York State welcomed the passage of Assembly Bill 165. The bill caps the agricultural property tax assessment at 2 percent.
“New Yorkers have seen their property taxes skyrocket over the last decade, but perhaps the hardest hit are the hard-working family farms across our state,” said McLaughlin. “Our farmers are forced to pay an average of $38.41 per acre in property taxes, the second highest rate in the country. For far too long, our farmers have been handcuffed by a clear competitive disadvantage. For this reason, it was a necessity for the legislature to both alleviate part of the crippling tax burden on our farms as well as create a stable environment around which they can plan their future expenses.
“New York has a long and illustrious history of farming and I am very proud to support legislation that ensures that our hard working farmers can remain competitive and continue to offer the highest quality local food to the people throughout our state and around the world. This is a big win for our local farms,” concluded McLaughlin.
Assemblyman McLaughlin represents the 107th district, which consists of parts of Rensselaer, Columbia and Washington counties. For more information, please visit Assemblyman McLaughlin’s official website.