NY S01529 | 2025-2026 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-10 - REFERRED TO AGRICULTURE
Pending: Senate Agriculture Committee
Hearing: Feb 4 @ 11:00 am in Room 901 LOB
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-10 - REFERRED TO AGRICULTURE
Pending: Senate Agriculture Committee
Hearing: Feb 4 @ 11:00 am in Room 901 LOB
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes a tax credit for farmers who maximize carbon sequestration potential through a "carbon farming" land management strategy; directs DEC to develop regulations related to certifying the amount of carbon sequestered or emissions reduced.
Title
Establishes a tax credit for farmers who maximize carbon sequestration potential through a "carbon farming" land management strategy; directs DEC to develop regulations related to certifying the amount of carbon sequestered or emissions reduced.
Sponsors
| Sen. Kevin Parker [D] | Sen. Nathalia Fernandez [D] | Sen. Rachel May [D] | Sen. Robert Rolison [R] |
| Sen. Lea Webb [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-10 | Senate | REFERRED TO AGRICULTURE |
