senate Bill S4082

2021-2022 Legislative Session

Relates to eligibility under the New York state young farmers loan forgiveness incentive program

download bill text pdf

Sponsored By

Current Bill Status - On Floor Calendar


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

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Actions

view actions (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 25, 2022 advanced to third reading
Jan 24, 2022 2nd report cal.
Jan 20, 2022 1st report cal.279
Jan 05, 2022 referred to higher education
returned to senate
died in assembly
Apr 28, 2021 referred to higher education
delivered to assembly
passed senate
Apr 27, 2021 advanced to third reading
Apr 26, 2021 2nd report cal.
Apr 21, 2021 1st report cal.721
Mar 02, 2021 reported and committed to finance
Feb 02, 2021 referred to higher education

Votes

view votes

Jan 19, 2022 - Higher Education committee Vote

S4082
11
0
committee
11
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Higher Education committee vote details

Higher Education Committee Vote: Jan 19, 2022

Apr 20, 2021 - Finance committee Vote

S4082
23
0
committee
23
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Finance committee vote details

Mar 2, 2021 - Higher Education committee Vote

S4082
11
0
committee
11
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Higher Education committee vote details

Higher Education Committee Vote: Mar 2, 2021

Co-Sponsors

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S4082 (ACTIVE) - Details

See Assembly Version of this Bill:
A1539
Law Section:
Education Law
Laws Affected:
Amd §679-f, Ed L
Versions Introduced in 2019-2020 Legislative Session:
S5715, A8101

S4082 (ACTIVE) - Summary

Relates to eligibility under the New York state young farmers loan forgiveness incentive program; expands program to farmers who have produced agricultural products for no more than ten years.

S4082 (ACTIVE) - Sponsor Memo

S4082 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4082
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 2, 2021
                                ___________
 
 Introduced  by  Sen. HINCHEY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend the education law, in relation to eligibility and awards
   for the New  York  state  young  farmers  loan  forgiveness  incentive
   program

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 679-f of the education law, as added by  section  1
 of  part  Y  of  chapter  56  of the laws of 2014, is amended to read as
 follows:
   § 679-f. New York  state  young  farmers  loan  forgiveness  incentive
 program.  1. Purpose. The president shall grant student loan forgiveness
 awards for the purpose of alleviating the burden of  student  loan  debt
 for  young farmers. Such awards shall be made on a competitive basis, in
 accordance with rules and regulations promulgated by the corporation for
 such purposes, to applicants who meet  the  eligibility  criteria.  Such
 rules  and regulations shall include provisions for the consideration of
 applicants who are economically disadvantaged.
   2. Eligibility. To be eligible for an award pursuant to this  section,
 applicants  shall:  (a)  have  graduated  and  obtained a degree from an
 approved New York state college or university; (b) have  an  outstanding
 student  loan debt from obtaining such degree; (c) operate a farm in New
 York state on a full-time basis; (d) agree to operate such farm for  the
 duration  of no less than five years; (e) [apply for this program within
 two years of college graduation] HAVE PRODUCED AN "AGRICULTURAL PRODUCT"
 AS DEFINED BY SECTION THREE HUNDRED TWENTY-EIGHT OF THE AGRICULTURE  AND
 MARKETS LAW, FOR NO MORE THAN TEN CONSECUTIVE YEARS; and (f) comply with
 subdivisions  three  and  five  of section six hundred sixty-one of this
 part.
   3. Awards. No greater than ten awards shall be  granted  to  qualified
 applicants  in  the  amount  of up to ten thousand dollars per year, per
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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