An act to amend the tax law, in relation to providing a tax credit for sales or rentals of agricultural assets to beginning farmers; and to amend the agriculture and markets law, in relation to establishing duties of the commissioner of agriculture and markets with respect thereto

This bill, known as the “New York Farmland Preservation Act”, would provide a tax credit for sales or rentals of agricultural assets to beginning farmers in the interest of mitigating land loss as farmers retire.