NY A03648 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to agriculture
Pending: Assembly Agriculture Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to agriculture
Pending: Assembly Agriculture Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill grants to domestic life insurers that lend money to fruit farmers who plan to keep acreage in production a 30 % deduction from their income taxes that portion of the interest that is earned from the loan issued by such life insurer.
Title
An act to amend the agriculture and markets law, the county law, the insurance law and the tax law, in relation to providing an incentive to domestic life insurance companies to invest in the purchase of agricultural land to be kept in agricultural production
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to agriculture | |
| 2009-01-27 | referred to agriculture |
Same As/Similar To
S667 (Same As) 2010-01-06 - REFERRED TO AGRICULTURE
