Assembly Bill A7264

Signed By Governor
2009-2010 Legislative Session

Relates to producer security

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S3575 - Signed by Governor

  • 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

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2009-A7264 (ACTIVE) - Details

See Senate Version of this Bill:
S3575
Law Section:
Agriculture and Markets Law
Laws Affected:
Amd §250, Ag & Mkts L

2009-A7264 (ACTIVE) - Summary

Relates to producer security.

2009-A7264 (ACTIVE) - Bill Text download pdf 

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

                                  7264

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 26, 2009
                               ___________

Introduced  by  M. of A. MAGEE, CASTRO, COOK, DelMONTE, FIELDS, GUNTHER,
  JAFFEE, LUPARDO, REILLY -- Multi-Sponsored by -- M. of  A.  EDDINGTON,
  GABRYSZAK, McENENY, ROSENTHAL, TITONE -- (at request of the Department
  of Agriculture and Markets) -- read once and referred to the Committee
  on Agriculture

AN ACT to amend the agriculture and markets law, in relation to producer
  security

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

  Section 1. Subdivision 3 of section 250 of the agriculture and markets
law, as added by chapter 367 of the laws of 1996, is amended to read  as
follows:
  3.  If  satisfied  from  an  investigation of the financial condition,
character and record of the person applying for a license that (a)  such
person  is  solvent  and  possessed  of  sufficient assets reasonably to
assure compensation to producers of farm products;  and  (b)  the  gross
volume  of farm products purchased from producers by said applicant will
not exceed [fifty] ONE HUNDRED thousand dollars during the license year,
the commissioner, in his or her discretion, may relieve  such  applicant
from  the  provision  of  this section requiring the filing of a bond or
letter of credit.
  S 2. This act shall take effect immediately, and shall apply to appli-
cations received on or after such date.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08268-03-9

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