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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides a tax credit for sales or rentals of agricultural assets to emerging farmers; requires the commissioner of agriculture and markets to implement a plan for certification of eligible taxpayers with respect thereto.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Michelle Hinchey | Primary sponsor | Democratic/Working Families | Senate | 41 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- PRINT NUMBER 8862A
- AMEND (T) AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
- REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS