What's happening
This bill increases the farm workforce retention tax credit amounts for eligible farm employees in New York State.
Why it matters
Increases financial incentives for farms to retain workers. By raising the tax credit per eligible employee, the bill aims to make it more affordable for farms to keep experienced staff, potentially reducing turnover and improving productivity.
Boosts support amid rising labor costs. The higher credits could help farms offset increased labor expenses, which is especially important as labor costs have become a growing concern in New York's agricultural sector.
May improve job stability for farmworkers. As retention becomes more economically attractive for employers, farmworkers could benefit from more stable employment and potentially better working conditions.
Could impact farm profitability and rural economies. Larger tax credits may help small and medium-sized farms remain viable, supporting local economies and food production in New York State.
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Who cares
Headline styles
Increase Farmworker Tax Credits
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Referred to investigations and government operations
- Referred to investigations and government operations
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.
Raise Farm Worker Tax Credit
In Assembly Committee · Ways And Means · Sponsor Marianne Buttenschon
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
6109
2019-2020 Regular Sessions
IN SENATE
May 16, 2019
Introduced by Sens. MAY, RITCHIE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations
AN ACT to amend the tax law, in relation to the farm workforce retention credit
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision (e) of section 42 of the tax law, as added by section 1 of part RR of chapter 60 of the laws of 2016, is amended to read as follows:
(e) For taxable years beginning on or after January first, two thousand seventeen and before January first, two thousand eighteen, the amount of the credit allowed under this section shall be equal to the product of the total number of eligible farm employees and two hundred fifty dollars. For taxable years beginning on or after January first, two thousand eighteen and before January first, two thousand nineteen, the amount of the credit allowed under this section shall be equal to the product of the total number of eligible farm employees and [three] six hundred dollars. For taxable years beginning on or after January first, two thousand nineteen and before January first, two thousand twenty, the amount of the credit allowed under this section shall be equal to the product of the total number of eligible farm employees and [five] eight hundred dollars. For taxable years beginning on or after January first, two thousand twenty and before January first, two thousand twenty-one, the amount of the credit allowed under this section shall be equal to the product of the total number of eligible farm employees and [four hundred] one thousand dollars. For taxable years beginning on or after January first, two thousand twenty-one and before January first, two thousand twenty-two, the amount of the credit allowed under this section shall be equal to the product of the total number of eligible farm employees and [six hundred] one thousand two hundred dollars.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04050-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to the farm workforce retention credit
Summary of provisions
The bill amends subdivision (e) of section 42 of the tax law by increas- ing the amount of the current Farm Workforce Retention Credit available to taxpayers to $1,200 per eligible farm employee.
Justification
The 2017 enacted budget created a Farm Workforce Retention Credit that allows eligible farm employers to claim a refundable tax credit for each farm employee that is employed for 500 or more hours each year. This bill would double the available credit for current and future tax years. The Farm Workforce Retention Credit is aimed at providing relief to farmers facing a changing market. The Farm Workforce Retention Credit is a positive step toward ensuring our farms continue to grow and prosper throughout the State.
Legislative history
2017-2018: S2905 PASSED SENATE/ A6717 (Brindisi) Ref to Ways and Means
Fiscal implications
FY2020: estimated to be $30 million
Effective date
Immediately
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.