NY S04296 | 2011-2012 | General Assembly

Status

Sponsorship: Partisan Bill (Democrat 4)
Status: Introduced on March 28 2011 - 25% progression, died in committee
Action: 2012-01-04 - REFERRED TO AGRICULTURE
Pending: Senate Agriculture Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides a tax incentive to domestic life insurance companies to invest up to 1% of admitted assets in the purchase of agricultural land to be kept in agricultural production for the cultivation of fruit or vegetables, or the processing of fruit products or vegetable products, which land is subject to a conservation easement and receives or is eligible to receive an agricultural assessment; enacts related provision relating to conservation easements.

Tracking Information

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Title

Provides a tax incentive to domestic life insurance companies to invest up to 1% of admitted assets in the purchase of agricultural land to be kept in agricultural production for the cultivation of fruit or vegetables, or the processing of fruit products or vegetable products, which land is subject to a conservation easement and receives or is eligible to receive an agricultural assessment; enacts related provision relating to conservation easements.

Sponsors


History

DateChamberAction
2012-01-04SenateREFERRED TO AGRICULTURE
2011-03-28SenateREFERRED TO AGRICULTURE

Same As/Similar To

A07970 (Same As) 2012-01-04 - referred to agriculture

New York State Sources


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