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Sponsors
20 Co-sponsors
- Greg Ball
- John J. Bonacic
- John A. DeFrancisco
- Hugh T. Farley
- Patrick M. Gallivan
- Joseph A. Griffo
- Mark Grisanti
- William J. Larkin Jr.
- Kenneth P. LaValle
- Tom Libous
- Betty Little
- Kathleen A. Marchione
- George D. Maziarz
- Michael F. Nozzolio
- Thomas F. O'Mara
- Michael H. Ranzenhofer
- Joseph E. Robach
- James L. Seward
- David J. Valesky
- Catharine Young
History
- Referred to higher education
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 the New York state young farmers loan forgiveness incentive program
In Assembly Committee · Higher Education · Sponsor William Magee
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6879 REVISED MEMO 03/25/2014
Title of bill
An act to amend the education law, in relation to establishing the New York state young farmers loan forgiveness incentive program
Purpose
To establish a New York state young farmers loan forgiveness incentive program.
Summary of provisions
Section one amends the education law to add a new section 679-f to create the young farmers loan forgiveness incentive program.
Section two provides for the effective date.
Existing law
Currently the education law provide for various loan forgiveness programs in New York law.
Justification
New York state law provides loan forgiveness programs to incentivize courses of study in a needed area or profession to residents of the state. Taking steps to recruit young, new farmers to the agricultural profession is certainly one area in need of incentives like loan forgiveness.
Agriculture is the leading industry in New York, yet New York's farm community is aging and it has become increasingly difficult to attract young people to farming and to encourage younger generations to consider farming as a career. The average age of farm operators in New York is 59, and is expected to continue to increase unless steps are taken to reverse this trend. The U.S. Secretary of Agriculture has set a goal of recruiting 100,000 new farmers across the country to replace those who are retiring. By enacting a loan forgiveness program for young farmers, New York can take one small step at helping that recruitment effort.
Farming is a difficult business and there are many barriers to younger farmers who might consider entering the profession. In fact, less than 1000 students were awarded degrees in agriculture by a college in New York state. Yet the agricultural industry has a substantial impact on the overall economic health and wellbeing of the state. It is in the best interest of the state to ensure that enough producers are recruited and retained in the agricultural field. Additionally, the recent increase in demand for quality fresh locally grown foods and beverages highlight the importance of assisting new farmers to enter the profession.
Legislative history
This is a new bill.
Fiscal implications
Undetermined
Effective date
One hundred and eighty days after it shall have become a law; provided, however, that any rules or regulations necessary for the timely implementation of this act on its effective date, shall be promulgated on or before such effective date.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.