RPTL 487-a · Title 2. Private Property
Exemption from taxation of conservation improvements to certain residential premises
Text — Law content up to date as of October 30, 2026, as published by the New York State Senate (Open Legislation)
§ 487-a. Exemption from taxation of conservation improvements to certain residential premises. Insulation and other energy conservation measures hereafter added to one, two, three or four family homes, which qualify for (a) financing under a home conservation plan pursuant to article VII-A of the public service law, or (b) any conservation related state or federal tax credit or deduction heretofore or hereafter enacted, shall be exempt from real property taxation and special ad valorem levies to the extent of any increase in value of such homes by reason of such addition.
Source of truth
- Edition
- Law content up to date as of October 30, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/RPT487-A
- Text hash
- sha256 74676fbb90811b46ff28f96ae2b4be7984eac50ac8c4857832ad80a41fe97bfa
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.