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Bill

A 5060

Provides for a partial real property tax exemption for the water filtration plant for the City of Newburgh, Orange County, New York

2025 Regular Session Introduced by Chris Eachus and 1 co-sponsor

Bill A 5060 offers a partial property tax exemption for Newburgh's water filtration plant, easing financial burdens and supporting clean water services for residents.

REFERRED TO REAL PROPERTY TAXATION
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WeVote Research Nonpartisan
Bill Summary · A 5060

Summary of Bill A 5060

Bill Overview

  • Bill Number: A 5060
  • Title: Provides for a partial real property tax exemption for the water filtration plant for the City of Newburgh, Orange County, New York
  • Status: Referred to Real Property Taxation
  • Introduced On: February 11, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill A 5060 is to establish a partial real property tax exemption specifically for the water filtration plant located in the City of Newburgh, Orange County, New York. This legislation aims to alleviate the financial burden on the city by reducing the property taxes associated with the operation of the water filtration facility, which is essential for providing clean and safe drinking water to the community.

Key Provisions

  • Partial Tax Exemption: The bill proposes a partial exemption from real property taxes for the water filtration plant. The specifics of the exemption percentage or amount are not detailed in the provided information.
  • Eligibility Criteria: While the bill does not specify eligibility criteria in the provided text, it is implied that the exemption would apply to the water filtration plant operated by the City of Newburgh.

Impact

  • City of Newburgh: The primary beneficiary of this bill would be the City of Newburgh, which would experience a reduction in tax liabilities for its water filtration plant. This could potentially free up funds for other municipal services or improvements.
  • Local Residents: By supporting the operational sustainability of the water filtration plant through tax relief, local residents may benefit indirectly from improved water services and potentially lower water rates.

Procedural Aspects

  • Legislative Action: The bill was introduced on February 11, 2025, and has been referred to the Real Property Taxation committee for further consideration. The timeline for subsequent actions or votes is not specified in the current information.

Related Bills

Bill A 5060 is related to prior-session bills:
- A 8296
- A 2166
- A 952

These related bills may provide context or background on previous legislative efforts concerning property tax exemptions or water infrastructure in Newburgh.

Conclusion

Bill A 5060 seeks to provide financial relief to the City of Newburgh by offering a partial real property tax exemption for its water filtration plant. This initiative underscores the importance of maintaining essential public services while managing municipal finances effectively. Further developments will be monitored as the bill progresses through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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