Assembly Bill A7706

Vetoed By Governor
2013-2014 Legislative Session

Establishes a drain tile revolving loan fund

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Sponsored By

Archive: Last Bill Status - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2013-A7706 (ACTIVE) - Details

See Senate Version of this Bill:
S5482
Law Section:
Soil and Water Conservation Districts Law
Laws Affected:
Add §4-a, Cons Dists L
Versions Introduced in Other Legislative Sessions:
2015-2016: A7064, S2531
2017-2018: A4410, S1435
2019-2020: A4945

2013-A7706 (ACTIVE) - Summary

Establishes a drain tile revolving loan fund; provides low interest loans to farmers.

2013-A7706 (ACTIVE) - Bill Text download pdf 

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

                                  7706

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              May 31, 2013
                               ___________

Introduced  by M. of A. MAGEE -- read once and referred to the Committee
  on Agriculture

AN ACT to amend the  soil  and  water  conservation  districts  law,  in
  relation to establishing a drain tile revolving loan program

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

  Section 1. The soil and water conservation districts law is amended by
adding a new section 4-a to read as follows:
  S 4-A. DRAIN TILE REVOLVING  LOAN  PROGRAM.  1.  THE  SOIL  AND  WATER
CONSERVATION COMMITTEE SHALL ESTABLISH AND MAINTAIN A DRAIN TILE REVOLV-
ING  LOAN  PROGRAM  TO  PROVIDE  LOW  INTEREST  LOANS TO FARMERS FOR THE
PURPOSE OF ENHANCING THEIR FARM FIELDS WITH  DRAIN  TILE.  SUCH  PROGRAM
SHALL PROVIDE LOW INTEREST LOANS TO FARMERS FOR SUCH DRAIN TILE PROJECTS
AS  THE  COMMITTEE  SHALL  DEEM TO BE ELIGIBLE PURSUANT TO RULE OR REGU-
LATION.
  2. THE COMMITTEE  SHALL  PROMULGATE  RULES  AND  REGULATIONS  FOR  THE
PURPOSE OF CARRYING OUT THE PROVISIONS OF THIS SECTION, INCLUDING ESTAB-
LISHING:
  A. AN APPLICATION PROCESS WHEREBY FARMERS MAY APPLY FOR LOANS;
  B. CRITERIA AND STANDARDS FOR DETERMINING A FARMER'S ELIGIBILITY FOR A
LOAN;
  C.  CRITERIA  AND STANDARDS FOR DETERMINING THE PRIORITY TO BE GRANTED
AMONG DRAIN TILE PROJECTS;
  D. CRITERIA AND STANDARDS FOR  DETERMINING  THE  AMOUNT  OF  FINANCIAL
ASSISTANCE TO BE PROVIDED TO A FARMER FOR A DRAIN TILE PROJECT; AND
  E. CRITERIA AND STANDARDS TO BE USED IN DETERMINING THE LOAN REPAYMENT
PERIODS AND THE TERMS OF ANY REPAYMENT AGREEMENTS.
  3.  THE AMOUNT OF FUNDS IN THE DRAIN TILE REVOLVING LOAN PROGRAM SHALL
BE SUBJECT TO A BUDGETARY APPROPRIATION.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10783-01-3

A. 7706                             2

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