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The Ithaca Bill

In 1993, Lynn Truame of Historic Ithaca (now the Community Development Planner at Ithaca’s Urban Renewal Agency) began to research and advocate for a historic property tax break. Working with local and state representatives, as well as the Preservation League of New York State, Truame was instrumental in the final passage of the NYS Historic Property Tax Exemption in 1997. The “Ithaca Bill,” Ithaca’s local version of this tax exemption, was passed shortly thereafter. Under this law, the increased property value and property tax resulting from preservation work on a historic property are phased in over ten years. The Ithaca Bill, nearing its 20th anniversary, continues to help property owners with major preservation work.


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Historic Ithaca

212 Center Street

Ithaca, NY 14850

607 - 273 - 6633

info@historicithaca.org

Open M-F

9am to 5pm

[Call for an appointment]

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The programs of Historic Ithaca are made possible by the New York State Council on the Arts with the support of the Office of the Governor & the New York State Legislature. 
Funding for Work Preserve has been provided by the City of Ithaca Community Development Block Grant Program and the Park Foundation.
This website was made possible by a grant from the Community Foundation of Tompkins County

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