NY State Senate Bill 2009-S676

Senate Bill S676

2009-2010 Legislative Session

Grants partial deduction of interest income from corporate and personal income taxes involving land used for fruit production

download bill text pdf

Archive: Last Bill Status - In Senate Committee Agriculture Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 06, 2010	referred to agriculture
Jan 12, 2009	referred to agriculture

co-Sponsors

View additional co-sponsors

2009-S676 (ACTIVE) - Details

See Assembly Version of this Bill:: A3138
Current Committee:: Senate Agriculture
Law Section:: Agriculture and Markets Law
Laws Affected:: Amd §16, Ag & Mkts L; add §220-b, County L; amd §§208 & 612, Tax L

2009-S676 (ACTIVE) - Summary

Grants a partial deduction of interest income in the calculation of the franchise tax on business corporations and the personal income tax involving certain sales of land used in the production of fruit or fruit products to another who will so use such land; requires a conservation easement be granted to such land.

2009-S676 (ACTIVE) - Sponsor Memo

                                 BILL NUMBER:  S676

 TITLE OF BILL :
An act to amend the agriculture and markets law, the county law and
the tax law, in relation to granting partial deduction of interest
income in the calculation of the franchise tax on business
corporations and the personal income tax involving certain sales of
land used in the production of fruit or fruit products


 PURPOSE :
This bill grants to fruit growers or other land owners that sell
orchards, vineyards, and other fruit producing lands to other farmers
who plan to keep acreage in production a deduction from their income
taxes a portion of the interest that is earned from the loan issued by
the selling landowner to the buying farmer. Land that is covered under
this program would need to grant a conservation easement to ensure
that such lands remain in agricultural production.

 SUMMARY OF PROVISIONS :
Section 1: Amends Agriculture & Markets Law section 16 to authorize
the Ag. & Markets Department to promulgate rules to define existing or
abandoned fruit farms that are eligible for the income tax deduction.

Section 2: Adds a new County Law section 220-b to ensure that lands
that receive an income tax deduction when sold to another farmer

remain in farming by requiring that such lands abide by a conservation
easement.

Section 3: Amends Tax Law section 208(9) to grant a 50 percent
franchise tax deduction of the amount of interest from a mortgage
payment received by a landowner or farmer that sells his existing
orchard, vineyard, other fruit production lands or lands that had been
in production within the past five years to another grower that
executes a conservation easement to ensure that such land will stay in
agricultural production. This provision further provides an enhanced
income tax deduction of 75 percent if such purchasing farmer is a
young farmer who is under the age of 35. To limit the fiscal impact of
this bill, agricultural parcels can be only 50 acres or smaller. If
the agricultural parcel is larger than 50 acres, the tax deduction
shall apply only to the interest on the first 50 acres of the larger
parcel.

Section 4: Amends Tax Law section 612 (c) to grant the same tax
deduction against personal income taxation if the conditions stated
above are satisfied.

 EXISTING LAW :

This type of open space program does not exist in New York Law.

 JUSTIFICATION :

In the past, in addition to inter-family transfers of land to
succeeding farming generations, commercial bank loans were one of the
primary financing mechanisms used to purchase farm land. Commercial
banks and other lending institutions have generally left the business
of lending money to continue or expand farm operations. This bill
encourages older farmers that have in effect become the "bank" by
giving them an incentive to sell their farms to younger generations of
farmers by holding the mortgage or land contract. This bill subsidizes
the sale of farm land by giving the seller an income and franchise tax
deduction for a portion of the interest received by the farmer lending
the money to a younger farmer to purchase said farm.


An enhanced tax deduction of 75 percent will be given to farmers under
the age of 35. New York farming needs to encourage younger farmers to
enter into this business. Farmers under the age of 35 tend not to have
the capital necessary to purchase a farm. This is because such farmers
are younger and have not had the time to build up financial assets. In
addition, such persons tend to have young families that need to be
supported, hence there is little money left to set aside to purchase
or expand a farm stead.

This bill creates a new financing mechanism to keep land in
agriculture. Once the income tax deduction has been granted, the land
will remain in agriculture because conservation easements will need to
be executed. In return, local economies will be able to sustain their
agricultural economies because such farm lands will remain in farming.
Such lands that enter such program will be protected by conservation
easements.

 LEGISLATIVE HISTORY :
S.6694-A of 2005/2006, and S.572 of 2007.  Governor Spitzer Vetoed a
similar bill last year (S.572). This bill has incorporated the
comments contained in Governor Spitzer's veto message so that the
bill, after passing both houses, can be signed into law. The
differences in this bill from S.572 are as follows:

1. Provisions were added to ensure that a farmer could not subdivide a
large parcel of land (i.e.  200 acres) and convey it in 4 parcels of
under 50 acres to the same new owner to qualify for the tax deduction
for the entire farm. Also, it should be pointed out that much farm
acreage is on parcels of 50 acres or less, so the potential abuses
suggested in the veto message may not be significant. Also, the farmer
purchasing this property can obtain this benefit only for one parcel
of 50 acres or less. The purpose of this bill is to assist new and
younger farmers to purchase land to begin their careers in farming or
to farm land they own instead of rented lands.

2. The language in the personal income tax and corporate income tax
section was altered to conform to the terminology used in each income
tax law section. So in the personal income tax section, the triggering
event is the receipt of interest income, while in the corporate income
tax section it is the accrual of interest income.

3. The provisions related to receiving the interest income tax
deduction were altered to eliminate the possibility that the ceding
farmer can receive an interest income tax deduction when he or she has
not received the interest income.

4. The bill was not amended to expand the qualifying parcels to
include non-fruit lands. The reason why it was not expanded was so
that the fiscal hit to the state would be minimized.  However, should
this bill be signed into law and prove to be successful, it could then
be expanded to include other agricultural lands. The sponsor would
also like to reemphasize that fruit lands were targeted first because
they produce high value crops that have higher economic multiplier
effects in the agricultural economy.  Further, such fruit lands in
this State tend to be located in areas that are experiencing
significant suburban development pressures and farm acreage is rapidly
declining. Such areas include the east end of Long Island, the Hudson
Valley, Saratoga/Washington County areas & the Champlain Valley,
portions of the Finger Lakes and areas surrounding Buffalo.
S.6973 of 2007/2008

 FISCAL IMPLICATIONS :
To be determined.

 LOCAL FISCAL IMPLICATIONS :
None.
 EFFECTIVE DATE :
Immediate.

2009-S676 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   676

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            January 12, 2009
                               ___________

Introduced  by Sens. LARKIN, BONACIC, LEIBELL, MORAHAN, SALAND, YOUNG --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Agriculture

AN  ACT to amend the agriculture and markets law, the county law and the
  tax law, in relation to granting partial deduction of interest  income
  in  the  calculation of the franchise tax on business corporations and
  the personal income tax involving certain sales of land  used  in  the
  production of fruit or fruit products

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 16 of the agriculture and markets law is amended by
adding a new subdivision 44 to read as follows:
  44. IN CONSULTATION WITH THE COMMISSIONER OF TAXATION AND FINANCE, FOR
THE PURPOSES OF THE ADMINISTRATION OF SUBPARAGRAPH EIGHTEEN OF PARAGRAPH
(A) OF SUBDIVISION NINE OF SECTION TWO HUNDRED EIGHT AND PARAGRAPH THIR-
TY-NINE OF SUBSECTION (C) OF SECTION SIX HUNDRED TWELVE OF THE TAX  LAW,
THE  COMMISSIONER  SHALL  PROMULGATE  REGULATIONS  DEFINING  "FRUIT" AND
"FRUIT PRODUCTS".
  S 2. The county law is amended by adding a new section 220-b  to  read
as follows:
  S  220-B.  CONSERVATION EASEMENTS IN CONNECTION WITH CERTAIN LAND USED
IN THE AGRICULTURAL PRODUCTION OF FRUIT AND FRUIT PRODUCTS. 1.  NOTWITH-
STANDING THE PROVISIONS OF SUBDIVISION (B) OF SECTION TWO OF THIS  CHAP-
TER,  THE  BOARD  OF  SUPERVISORS  OR COUNTY LEGISLATURE OF EVERY COUNTY
SHALL, UPON APPLICATION FOR A  CONSERVATION  EASEMENT  FILED  WITH  SUCH
COUNTY,  FOR PROPERTY WITHIN SUCH COUNTY, NOT MORE THAN SIX MONTHS PRIOR
TO THE CLOSE OF THE TAXABLE YEAR OR THE YEAR NEXT SUCCEEDING SUCH  YEAR,
FOR  WHICH  A DEDUCTION IS OR WILL BE SOUGHT TO BE CLAIMED BY A TAXPAYER
PURSUANT TO ARTICLE NINE-A OR ARTICLE TWENTY-TWO OF THE TAX LAW,  ACCEPT
SUCH  APPLICATION  AND  OFFER  TO  PERMIT  A NOT-FOR-PROFIT CONSERVATION
ORGANIZATION OR PUBLIC BODY WITHIN SUCH COUNTY, WITHIN  WHOSE  TERRITORY

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04567-01-9

S. 676                              2

THE  SUBJECT  PROPERTY  IS  LOCATED,  OTHER THAN THE STATE, TO ACCEPT OR
UNDERTAKE TO ACCEPT A  CONSERVATION  EASEMENT  IN  CONNECTION  WITH  THE
ADMINISTRATION  OF SUBPARAGRAPH EIGHTEEN OF PARAGRAPH (A) OF SUBDIVISION
NINE OF SECTION TWO HUNDRED EIGHT OR PARAGRAPH THIRTY-NINE OF SUBSECTION
(C)  OF  SECTION  SIX HUNDRED TWELVE OF THE TAX LAW, PERTAINING TO FRUIT
AND FRUIT  PRODUCTS  PRODUCED  OR  PROCESSED  ON  LAND  IN  AGRICULTURAL
PRODUCTION  AND RECEIVING OR ELIGIBLE TO RECEIVE AN AGRICULTURAL ASSESS-
MENT.
  2. IN THE EVENT THAT AN APPLICATION FOR  A  CONSERVATION  EASEMENT  IS
SUBMITTED  TO  A  COUNTY LESS THAN SIX MONTHS PRIOR TO THE CLOSE OF SUCH
TAXPAYER'S TAXABLE YEAR, THE SIX-MONTH PERIOD PROVIDED FOR  IN  SUBDIVI-
SION  ONE  OF  THIS  SECTION  FOR  THE COUNTY TO SECURE A NOT-FOR-PROFIT
CONSERVATION ORGANIZATION OR PUBLIC  BODY  WITHIN  SUCH  COUNTY,  WITHIN
WHOSE  TERRITORY  THE SUBJECT PROPERTY IS LOCATED, OTHER THAN THE STATE,
TO TAKE AND ACCEPT SUCH CONSERVATION EASEMENT OR FOR THE  COUNTY  ITSELF
TO DO SO, SHALL APPLY AND RUN FROM THE DATE OF THE FILING OF SUCH APPLI-
CATION, AND THE CONSERVATION EASEMENT, IF TAKEN AND ACCEPTED WITHIN SUCH
LATTER SIX-MONTH PERIOD, SHALL BE DEEMED TO MEET THE REQUIREMENT FOR TAX
DEDUCTIBILITY  PURSUANT TO SAID PROVISIONS OF SECTIONS TWO HUNDRED EIGHT
AND SIX HUNDRED TWELVE OF THE TAX LAW WITH RESPECT TO THE TIMELINESS  OF
THE  APPLICATION FOR AND TAKING AND ACCEPTING OF SUCH CONSERVATION EASE-
MENT.
  3. FOR THE PURPOSES OF THIS SECTION, THE TERM "CONSERVATION  EASEMENT"
HAS THE MEANING THEREOF WITHIN THE CONTEMPLATION OF TITLE THREE OF ARTI-
CLE FORTY-NINE OF THE ENVIRONMENTAL CONSERVATION LAW.
  S  3.  Paragraph (a) of subdivision 9 of section 208 of the tax law is
amended by adding a new subparagraph 18 to read as follows:
  (18) (A) FIFTY PERCENT OF THE MORTGAGE INTEREST ACCRUING TO A TAXPAYER
AS PAYMENT ON ACCOUNT OF INDEBTEDNESS INCURRED  TO  THE  TAXPAYER  BY  A
PERSON  WHO  HAS  PURCHASED  FROM THE TAXPAYER AND GIVEN SUCH TAXPAYER A
MORTGAGE ON THE REAL PROPERTY PURCHASED BY SUCH PERSON AS  SECURITY  FOR
THE PAYMENT OF SUCH INDEBTEDNESS TO THE TAXPAYER:
  (I) FOR NOT MORE THAN FIFTY ACRES OF ONE OR MORE CONTIGUOUS PARCELS OF
LAND  SUBJECT  TO  SUCH  MORTGAGE,  WHICH  LAND  IS USED IN AGRICULTURAL
PRODUCTION OR HAS BEEN USED IN AGRICULTURAL PRODUCTION WITHIN  THE  PAST
FIVE  YEARS  IN  THE  TAXPAYER'S  TAXABLE  YEAR OF SALE OR THE YEAR NEXT
SUCCEEDING SUCH YEAR. IN THE EVENT SUCH MORTGAGE AND  INTEREST  PAID  IS
FOR  MORE  THAN  FIFTY  ACRES OF LAND, THE DEDUCTION GRANTED PURSUANT TO
THIS SUBPARAGRAPH SHALL ONLY APPLY TO THAT RATIO OF  THE  INTEREST  PAID
WHICH  IS  EQUAL  TO THE RATIO BETWEEN FIFTY ACRES AND THE TOTAL AREA OF
THE LAND UPON WHICH THE INTEREST IS PAID;
  (II) WHICH LAND HAS OR IS ELIGIBLE TO HAVE AN AGRICULTURAL  ASSESSMENT
IN  THE TAXPAYER'S TAXABLE YEAR OF SALE OR THE YEAR NEXT SUCCEEDING SUCH
YEAR;
  (III) WHICH LAND IS USED OR HAS BEEN USED IN THE PAST FIVE  YEARS  FOR
THE  CULTIVATION  OF  FRUIT  OR FRUIT PRODUCTS IN THE TAXPAYER'S TAXABLE
YEAR OF SALE OR THE YEAR NEXT SUCCEEDING SUCH YEAR; AND
  (IV) WHICH LAND IS, IN THE TAXPAYER'S TAXABLE YEAR OF SALE OR THE YEAR
NEXT SUCCEEDING SUCH YEAR, AND CONTINUES TO BE SUBJECT TO A CONSERVATION
EASEMENT THAT LIMITS THE USE OF SUCH LAND  TO  AGRICULTURAL  PRODUCTION,
WHICH CONSERVATION EASEMENT IS IN COMPLIANCE WITH TITLE THREE OF ARTICLE
FORTY-NINE OF THE ENVIRONMENTAL CONSERVATION LAW AND SECTION TWO HUNDRED
TWENTY-B OF THE COUNTY LAW.
  (B)  IN  NO  EVENT SHALL THE TAXPAYER BE AUTHORIZED TO DEDUCT INTEREST
FOR MORE THAN FIFTY ACRES OF LAND SUBJECT TO SEPARATE MORTGAGES  BY  AND
SALES OF LAND TO ANY SINGLE PURCHASER.

S. 676                              3

  (C)  IN  THE  EVENT  THAT THE PURCHASER DEFAULTS ON THE PAYMENT OF THE
INDEBTEDNESS, THE TAXPAYER SHALL NOT BE PERMITTED TO DEDUCT  THE  AMOUNT
OF  INTEREST  DUE  AND  OWING  UNTIL  SUCH TIME AS THE TAXPAYER ACTUALLY
RECEIVES PAYMENT OF SUCH INTEREST.
  (D) IN THE EVENT THAT SUCH PARCEL OF LAND IS PURCHASED BY:
  (I) NOT MORE THAN THREE NATURAL PERSONS, EACH OF WHOM IS NOT MORE THAN
THIRTY-FIVE YEARS OF AGE; OR
  (II)  A CORPORATION, PARTNERSHIP OR LIMITED LIABILITY COMPANY, EACH OF
WHOSE STOCKHOLDERS, PARTNERS OR MEMBERS, RESPECTIVELY, TOTALING NO  MORE
THAN THREE, IS A NATURAL PERSON NOT MORE THAN THIRTY-FIVE YEARS OF AGE;
  SEVENTY-FIVE  PERCENT OF THE INTEREST MAY BE DEDUCTED IN LIEU OF FIFTY
PERCENT AS PROVIDED IN CLAUSE (A) OF THIS SUBPARAGRAPH.
  (E) A TAXPAYER TAKING THE DEDUCTION AUTHORIZED  BY  THIS  SUBPARAGRAPH
SHALL  FILE  WITH THE DEPARTMENT CERTIFIED COPIES OF THE DEED, MORTGAGE,
AND INSTRUMENT OF INDEBTEDNESS EITHER WITH THE FIRST TAX RETURN ON WHICH
THE DEDUCTION AUTHORIZED BY THIS SUBPARAGRAPH IS TAKEN OR PRIOR THERETO.
  (F) FOR THE PURPOSES OF THIS SUBPARAGRAPH, THE  FOLLOWING  TERMS  HAVE
THE FOLLOWING MEANINGS:
  (I)  "AGRICULTURAL  ASSESSMENT"  HAS  THE  MEANING THAT IT HAS FOR THE
PURPOSES OF ARTICLE TWENTY-FIVE-AA OF THE AGRICULTURE AND MARKETS LAW.
  (II) "FRUIT" AND "FRUIT PRODUCTS" HAVE THE MEANINGS  DEFINED  THEREFOR
BY THE COMMISSIONER OF AGRICULTURE AND MARKETS IN REGULATIONS PROMULGAT-
ED FOR THE PURPOSES OF THIS SUBPARAGRAPH.
  (III)  "LAND  USED IN AGRICULTURAL PRODUCTION" HAS THE MEANING DEFINED
THEREFOR IN ARTICLE TWENTY-FIVE-AA OF THE AGRICULTURE AND MARKETS LAW.
  S 4. Subsection (c) of section 612 of the tax law is amended by adding
a new paragraph 39 to read as follows:
  (39) (A) FIFTY PERCENT OF THE MORTGAGE INTEREST RECEIVED BY A TAXPAYER
AS PAYMENT ON ACCOUNT OF INDEBTEDNESS INCURRED  TO  THE  TAXPAYER  BY  A
PERSON  WHO  HAS  PURCHASED  FROM THE TAXPAYER AND GIVEN SUCH TAXPAYER A
MORTGAGE ON THE REAL PROPERTY PURCHASED BY SUCH PERSON AS  SECURITY  FOR
THE PAYMENT OF SUCH INDEBTEDNESS TO THE TAXPAYER:
  (I) FOR NOT MORE THAN FIFTY ACRES OF ONE OR MORE CONTIGUOUS PARCELS OF
LAND  SUBJECT  TO  SUCH  MORTGAGE,  WHICH  LAND  IS USED IN AGRICULTURAL
PRODUCTION OR HAS BEEN USED IN AGRICULTURAL PRODUCTION WITHIN  THE  PAST
FIVE  YEARS  IN  THE  TAXPAYER'S  TAXABLE  YEAR OF SALE OR THE YEAR NEXT
SUCCEEDING SUCH YEAR.  IN THE EVENT SUCH MORTGAGE AND INTEREST  PAID  IS
FOR  MORE  THAN  FIFTY  ACRES OF LAND, THE DEDUCTION GRANTED PURSUANT TO
THIS SUBPARAGRAPH SHALL ONLY APPLY TO THAT RATIO OF  THE  INTEREST  PAID
WHICH  IS  EQUAL  TO THE RATIO BETWEEN FIFTY ACRES AND THE TOTAL AREA OF
THE LAND UPON WHICH THE INTEREST IS PAID;
  (II) WHICH LAND HAS OR IS ELIGIBLE TO HAVE AN AGRICULTURAL  ASSESSMENT
IN  THE TAXPAYER'S TAXABLE YEAR OF SALE OR THE YEAR NEXT SUCCEEDING SUCH
YEAR;
  (III) WHICH LAND IS USED OR HAS BEEN USED IN THE PAST FIVE  YEARS  FOR
THE  CULTIVATION OF FRUIT OR PROCESSING OF FRUIT PRODUCTS IN THE TAXPAY-
ER'S TAXABLE YEAR OF SALE OR THE YEAR NEXT SUCCEEDING SUCH YEAR; AND
  (IV) WHICH LAND IS, IN THE TAXPAYER'S TAXABLE YEAR OF SALE OR THE YEAR
NEXT SUCCEEDING SUCH YEAR, AND CONTINUES TO BE SUBJECT TO A CONSERVATION
EASEMENT THAT LIMITS THE USE OF SUCH LAND  TO  AGRICULTURAL  PRODUCTION,
WHICH CONSERVATION EASEMENT IS IN COMPLIANCE WITH TITLE THREE OF ARTICLE
FORTY-NINE OF THE ENVIRONMENTAL CONSERVATION LAW AND SECTION TWO HUNDRED
TWENTY-B OF THE COUNTY LAW.
  (B)  IN  NO  EVENT SHALL THE TAXPAYER BE AUTHORIZED TO DEDUCT INTEREST
FOR MORE THAN FIFTY ACRES OF LAND SUBJECT TO SEPARATE MORTGAGES  BY  AND
SALES OF LAND TO ANY SINGLE PURCHASER.

S. 676                              4

  (C)  IN  THE  EVENT  THAT THE PURCHASER DEFAULTS ON THE PAYMENT OF THE
INDEBTEDNESS AND THE TAXPAYER FORECLOSES ON THE MORTGAGE,  THE  TAXPAYER
SHALL  NOT  BE  PERMITTED TO DEDUCT THE AMOUNT OF INTEREST DUE AND OWING
UNTIL SUCH TIME AS THE TAXPAYER ACTUALLY RECEIVES PAYMENT OF SUCH INTER-
EST.
  (D) IN THE EVENT THAT SUCH PARCEL OF LAND IS PURCHASED BY:
  (I) NOT MORE THAN THREE NATURAL PERSONS, EACH OF WHOM IS NOT MORE THAN
THIRTY-FIVE YEARS OF AGE; OR
  (II) A CORPORATION, PARTNERSHIP, OR LIMITED LIABILITY COMPANY, EACH OF
WHOSE STOCKHOLDERS, PARTNERS, OR MEMBERS, RESPECTIVELY, TOTALING NO MORE
THAN THREE, IS A NATURAL PERSON NOT MORE THAN THIRTY-FIVE YEARS OF AGE;
  SEVENTY-FIVE  PERCENT OF THE INTEREST MAY BE DEDUCTED IN LIEU OF FIFTY
PERCENT AS PROVIDED IN SUBPARAGRAPH (A) OF THIS PARAGRAPH.
  (E) A TAXPAYER TAKING THE DEDUCTION AUTHORIZED BY THIS PARAGRAPH SHALL
FILE WITH THE DEPARTMENT CERTIFIED COPIES OF  THE  DEED,  MORTGAGE,  AND
INSTRUMENT OF INDEBTEDNESS EITHER WITH THE FIRST TAX RETURN ON WHICH THE
DEDUCTION AUTHORIZED BY THIS PARAGRAPH IS TAKEN OR PRIOR THERETO.
  (F)  FOR  THE PURPOSES OF THIS PARAGRAPH, THE FOLLOWING TERMS HAVE THE
FOLLOWING MEANINGS:
  (I) "AGRICULTURAL ASSESSMENT" HAS THE MEANING  THAT  IT  HAS  FOR  THE
PURPOSES OF ARTICLE TWENTY-FIVE-AA OF THE AGRICULTURE AND MARKETS LAW.
  (II)  "FRUIT"  AND "FRUIT PRODUCTS" HAVE THE MEANINGS DEFINED THEREFOR
BY THE COMMISSIONER OF AGRICULTURE AND MARKETS IN REGULATIONS PROMULGAT-
ED FOR THE PURPOSES OF THIS PARAGRAPH.
  (III) "LAND USED IN AGRICULTURAL PRODUCTION" HAS THE  MEANING  DEFINED
THEREFOR IN ARTICLE TWENTY-FIVE-AA OF THE AGRICULTURE AND MARKETS LAW.
  S 5. This act shall take effect immediately and shall apply to taxable
years  beginning on or after January first of the year in which it shall
have become a law; provided that any and all rules and  regulations  and
any  other  measures  necessary  to  implement any provision of this act
shall be promulgated and taken, respectively, immediately and, if deemed
necessary, on an emergency basis.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S676

Share this bill

Sponsored By

William Larkin

Archive: Last Bill Status - In Senate Committee Agriculture Committee

co-Sponsors

John J. Bonacic

Vincent L. Leibell

Thomas P. Morahan

Stephen M. Saland

2009-S676 (ACTIVE) - Details

2009-S676 (ACTIVE) - Summary

2009-S676 (ACTIVE) - Sponsor Memo

2009-S676 (ACTIVE) - Bill Text download pdf

Comments