The Conservation Easement Tax Credit (CETC) offers New York State taxpayers an annual income tax credit of 25% on their school district, county, and town property taxes up to $5,000. If a landowner's tax credit exceeds the amount he or she owes in state income taxes, the landowner receives a payment for the difference.

Landowner Eligibility
The Conservation Easement Tax Credit is available to owners of property encumbered with an Article 49 Conservation Easement. These owners may include individual landowners, estates and trusts (including beneficiaries of an estate or trust), partners in a partnership (including a limited liability corporation that is treated as a partnership for federal income tax purposes), and business corporations taxed under Article 9-A or the Tax Law. The CETC is not available to Subchapter S corporations, not-for-profit corporations, or other kinds of corporations. If you are unsure if you qualify, you may contact the NYS Department of Taxation and Finance.

Contact NY State Conservation Easement Tax Credit

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Listed in:

• Federal and State Tax Incentives and Programs

Contact NY State Conservation Easement Tax Credit

Bureau of Real Property Services
625 Broadway
Albany, New York  12233
Phone: 518-402-9442
 Email NY State Conservation Easement Tax Credit
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Service Area

Statewide Program in:

• New York

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