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History
- Reported and committed to finance
- Print number 4340a
- Amend and recommit to agriculture
- Referred to agriculture
- Committed to finance
- Advanced to third reading
- 2nd report cal.
- 1st report cal.934
- Referred to agriculture
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to reducing farm-based taxes, fees and regulatory burdens
In Assembly Committee · Ways And Means · Sponsor William Magee
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4340A
Title of bill
An act to amend the agriculture and markets law, the tax law, the vehicle and traffic law and the environmental conservation law, in relation to reducing farm-based taxes, fees and regulatory burdens to help grow the agricultural economy and benefit family farms
Purpose or general idea of bill
To reduce farm-based taxes, fees, and regulatory burdens imposed on our state's farms to allow the state's vital agricultural economy to grow and to benefit family farms in New York State.
Summary of specific provisions
Section 303-b of Ag & Markets Law is amended to allow Agricultural District hearing notices to be provided to all landowners with land being proposed for inclusion in an agricultural district.
Subdivision 12 of section 210 of the tax law is amended by adding a new paragraph (e-1) to provide agricultural operations with a refundable investment tax credit.
Subparagraph (C) of paragraph 1 of subdivision (i) of section 1136 of the tax law, as added by section 1 of subpart G of part V-1 of chapter 57 of the laws of 2009, is amended to exempt farm wineries from sales tax reporting requirements.
Section 658 (c) and Section 210(1)(d)(4) of tax law is amended to ease farm filing burdens with regard to corporation filing fees.
Section of 499-b of vehicle and traffic law is amended to make necessary clarifications to exempt rented trucks used for agricultural purposes from the highway use tax.
Section 401(7)(E) of vehicle & traffic law is amended to reduce agricultural plated truck registration fees.
Section 72-0602 of environmental conservation law is amended to reduce State Pollutant Discharge Elimination System permit fees to agricultural projects.
Justification
New York's farms provide substantial economic and environmental benefits to local communities and consumers in New York State. The agricultural industry can drive the revitalization of the economy of upstate New York and Long Island, but only if given a chance to succeed.
Crushing taxes, ever increasing fees and endless paperwork are stifling needed business investment and are forcing farmers to spend more time pushing pencils and cutting red tape than actually farming. With agriculture facing ever increasing global competition, New York must provide farmers with the tools to succeed in their business. Not continue to construct obstacles to doing business that farmers must hurdle on a daily basis.
This bill is a first step in keeping and growing New York State's viable farm operations, developing new agricultural businesses, and producing high quality, affordable, local food for our state's residents.
History
S.6947A of 2010 - Referred to Finance S.4340 of 2011 - Referred to Finance
Fiscal implications
Minimal.
Effective date
Immediately, provided however, that section three shall take effect on the ninetieth day after it becomes law, and that sections four and five shall apply to any tax year commencing on or after January 1, 2013.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.