The New York State Senate today passed Senate Bill S.3502, co-sponsored by Senator Pam Helming, which doubles the farm labor retention tax credit from $600 to $1,200 per agricultural employee.
“At a time when our farmers are facing rising costs in everything from rising labor costs to rising fuel prices, it is essential that we support them so that our farms remain viable and our agriculture industry thrives. This bill increases a valuable tax credit for our hardworking farmers and I am proud to co-sponsor it and advocate for it to be signed into law,” said Senator Helming.
The New York Farm Bureau has identified doubling this tax credit as a 2022 legislative priority for the farming community.
The State Senate also today passed several other bills co-sponsored by Senator Helming supporting the agricultural industry:
- S.3974: Make it easier for school districts to buy more locally sourced foods
- S.4082: Expands Eligibility for New York State’s Young Farmer Loan Forgiveness Incentive Program
- S.4072: Establishes a “one-stop” agricultural helpline, with Cornell Cooperative Extension, to provide farmers with convenient access to information and programs supporting agricultural businesses, tax credits and practice loans durable
- S.2199: Facilitates the expansion of regional farmers’ markets
- S.5006: Allow Farmers’ Markets in New York State Parks
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