senate Bill S4520A

2013-2014 Legislative Session

Relates to creating a small farm modernization fund program and a small farm modernization fund

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

do you support this bill?

Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 28, 2014 print number 4520a
amend (t) and recommit to finance
Jan 08, 2014 referred to finance
Apr 08, 2013 referred to finance

Bill Amendments

Original
A (Active)
Original
A (Active)

S4520 - Details

See Assembly Version of this Bill:
A7037A
Current Committee:
Law Section:
Agriculture and Markets Law
Laws Affected:
Amd §16, Ag & Mkts L; add §16-x, UDC Act

S4520 - Summary

Relates to creating a small farm modernization fund program and a small farm modernization fund.

S4520 - Sponsor Memo

S4520 - Bill Text download pdf

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

                                  4520

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              April 8, 2013
                               ___________

Introduced  by  Sen. TKACZYK -- read twice and ordered printed, and when
  printed to be committed to the Committee on Finance

AN ACT to amend the state finance law,  in  relation  to  a  small  farm
  modernization revolving loan fund

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

  Section 1. The state finance law is amended by adding  a  new  section
97-u to read as follows:
  S  97-U.  SMALL  FARM  MODERNIZATION  REVOLVING LOAN FUND. 1. THERE IS
HEREBY ESTABLISHED IN THE JOINT  CUSTODY  OF  THE  COMPTROLLER  AND  THE
COMMISSIONER  OF  TAXATION  AND  FINANCE A FUND TO BE KNOWN AS THE SMALL
FARM MODERNIZATION REVOLVING LOAN  FUND.  SUCH  FUND  SHALL  CONSIST  OF
MONEYS  MADE  AVAILABLE  PURSUANT  TO  APPROPRIATION  NOT TO EXCEED FIVE
MILLION DOLLARS AND ANY OTHER SOURCES IN ORDER TO  PROVIDE  SUPPORT  FOR
MODERNIZATION OF SMALL FARMS.
  2. MONEYS OF THE FUND MAY BE EXPENDED IN ACCORDANCE WITH THIS SECTION.
MONEYS  SHALL  BE  PAID  OUT OF THE FUND ON THE AUDIT AND WARRANT OF THE
STATE COMPTROLLER PURSUANT TO THIS SECTION.
  3. THE STATE COMPTROLLER IS AUTHORIZED TO PROVIDE LOANS FROM THIS FUND
TO ANY SMALL FARM OWNER IN RECEIPT  OF  A  WRITTEN  STATEMENT  FROM  THE
DEPARTMENT OF AGRICULTURE AND MARKETS INDICATING THAT SUCH PERSON'S FARM
CONSTITUTES  A SMALL FARM. THE STATE COMPTROLLER MAY PROVIDE SUCH A LOAN
TO A SMALL FARM OWNER UPON RECEIPT  OF  A  WRITTEN  AGREEMENT  PROVIDING
REASONABLE  ASSURANCES  OF  REPAYMENT  THAT IS SATISFACTORY TO THE COMP-
TROLLER. SUCH LOAN SHALL BEAR INTEREST AT A BELOW-MARKET RATE AND REPAY-
MENT OF SUCH LOAN MAY BE PRORATED OVER  THE  TERM  OF  THE  EXPECTED  OR
RENEWAL  CONTRACT,  PROVIDED  THE TERM OF THE LOAN DOES NOT EXCEED THREE
YEARS. THE AMOUNT OF EACH SUCH LOAN SHALL NOT EXCEED  TWENTY-FIVE  THOU-
SAND DOLLARS.
  4.  THE STATE COMPTROLLER SHALL ONLY MAKE LOANS AFTER FINDING THAT THE
SMALL FARM OWNER WILL USE THE  FUNDS  EXCLUSIVELY  FOR  THE  PURPOSE  OF

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09997-02-3

S4520A (ACTIVE) - Details

See Assembly Version of this Bill:
A7037A
Current Committee:
Law Section:
Agriculture and Markets Law
Laws Affected:
Amd §16, Ag & Mkts L; add §16-x, UDC Act

S4520A (ACTIVE) - Summary

Relates to creating a small farm modernization fund program and a small farm modernization fund.

S4520A (ACTIVE) - Sponsor Memo

S4520A (ACTIVE) - Bill Text download pdf

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

                                 4520--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              April 8, 2013
                               ___________

Introduced  by  Sen. TKACZYK -- read twice and ordered printed, and when
  printed to be committed to the Committee on Finance -- recommitted  to
  the  Committee  on Finance in accordance with Senate Rule 6, sec. 8 --
  committee discharged, bill amended, ordered reprinted as  amended  and
  recommitted to said committee

AN  ACT  to amend the agriculture and markets law and the New York state
  urban development corporation act, in relation  to  creating  a  small
  farm modernization fund

  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 47 to read as follows:
  47. COOPERATE WITH THE EMPIRE STATE DEVELOPMENT CORPORATION TO DEVELOP
A SMALL FARM MODERNIZATION FUND PROGRAM TO PROVIDE GRANTS TO FARMERS FOR
THE PURPOSES OF MODERNIZING THEIR FARM AND  FARM  PRACTICES,  INCLUDING,
BUT  NOT  LIMITED  TO,  INFRASTRUCTURE,  EQUIPMENT,  CROPS,  ANIMALS AND
MARKETING OF FARM PRODUCTS. SUCH MODERNIZATION MAY ALSO INCLUDE UPDATING
AND IMPROVING AGRICULTURAL ENVIRONMENTAL MANAGEMENT, AS DEFINED IN ARTI-
CLE ELEVEN-A OF THIS CHAPTER, PRACTICES, EQUIPMENT  AND  INFRASTRUCTURE.
FARM  MODERNIZATION  IS  ESPECIALLY  IMPORTANT  FOR FARMS THAT ARE BEING
TRANSITIONED FROM LONG-TIME OWNERS TO NEW OWNERS AND BEGINNING  FARMERS.
FOR THE PURPOSES OF THIS PROGRAM THE TERM "SMALL FARM" SHALL MEAN A FARM
OF ONE HUNDRED FIFTY ACRES OR LESS.
  S  2.  Section  1 of chapter 174 of the laws of 1968, constituting the
New York state urban development corporation act, is amended by adding a
new section 16-x to read as follows:
  S 16-X. SMALL FARM MODERNIZATION FUND. 1. THE SMALL FARM MODERNIZATION
FUND IS HEREBY CREATED. THE PURPOSE OF THE SMALL FARM MODERNIZATION FUND
IS TO MAKE GRANTS TO ELIGIBLE APPLICANTS FOR MODERNIZING THEIR FARM  AND
FARM  PRACTICES,  INCLUDING,  BUT NOT LIMITED TO, INFRASTRUCTURE, EQUIP-
MENT, CROPS, ANIMALS, AND MARKETING OF FARM PRODUCTS. SUCH MODERNIZATION

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09997-06-4

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.