S T A T E O F N E W Y O R K ________________________________________________________________________ 3689 2015-2016 Regular Sessions I N A S S E M B L Y January 27, 2015 ___________ Introduced by M. of A. LALOR -- read once and referred to the Committee on Agriculture AN ACT to amend the agriculture and markets law, in relation to shared animal ownership agreements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The agriculture and markets law is amended by adding a new 2 section 46-b to read as follows: 3 S 46-B. SHARED ANIMAL OWNERSHIP AGREEMENT. SHARED ANIMAL OWNERSHIP IS 4 ANY CONTRACTUAL ARRANGEMENT UNDER WHICH AN INDIVIDUAL: 5 1. ACQUIRES AN OWNERSHIP INTEREST IN A MILK-PRODUCING ANIMAL; 6 2. AGREES TO PAY ANOTHER FOR, REIMBURSE ANOTHER FOR, OR OTHERWISE 7 ACCEPT FINANCIAL RESPONSIBILITY FOR THE CARE AND BOARDING OF THE 8 MILK-PRODUCING ANIMAL AT THE DAIRY FARM; AND 9 3. IS ENTITLED TO RECEIVE A PROPORTIONATE SHARE OF THE ANIMAL'S RAW 10 MILK PRODUCTION AS A CONDITION OF THE CONTRACTUAL ARRANGEMENT. 11 S 2. This act shall take effect on the ninetieth day after it shall 12 have become a law. Provided that any rules and regulations necessary to 13 implement the provisions of this act on its effective date are imme- 14 diately authorized and directed to be completed on or before such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00784-01-5