New York · 2025 Regular Session · Bill

S 8862: Provides a tax credit for sales or rentals of agricultural assets to emerging farmers; and establishes the duties of the commissioner of agriculture and markets with respect thereto

In committee Last action January 30, 2026: PRINT NUMBER 8862A

Plain-language summary

S 8862 is a bill introduced in the New York Senate on January 12, 2026. According to its official title, it concerns: Provides a tax credit for sales or rentals of agricultural assets to emerging farmers; and establishes the duties of the commissioner of agriculture and markets with respect thereto. Primary sponsor: Michelle Hinchey (Democratic/Working Families). Most recent recorded action (January 30, 2026): PRINT NUMBER 8862A.

Sponsors

Primary sponsor: Michelle Hinchey (Democratic/Working Families).