Provides for the taxation of all lands owned by the state, exclusive of the improvements erected thereon by the state, in the city of Beacon and the town of Fishkill in Dutchess county.

The bill proposes to tax all state-owned lands in the city of Beacon and the town of Fishkill, but it will not apply to any improvements made on those lands by the state. This means that while the land itself will be taxed, any buildings or structures built by the state will remain exempt from taxation. This legislation is aimed at generating revenue from state properties in these areas.

Supporters of the bill argue that taxing state-owned lands can provide much-needed funding for local services and infrastructure in Beacon and Fishkill. They believe that this measure will promote fairness by ensuring that state properties contribute to the local economy, just like privately-owned lands do.

Critics of the bill contend that taxing state-owned lands could discourage state investment in local communities and hinder future development projects. They may argue that the bill could lead to financial burdens on state agencies, ultimately impacting public services and programs that rely on state funding.