Relates to establishing a carbon farming tax credit for farmers
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.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2023
Committee Review
Mar 2024
Senate Passage
Mar 2024
Assembly Passage
Governor
Introduced Feb 7, 2023
Last action Mar 5, 2024
Floor votes · Senate Feb 28, 2023
How they voted
60–0
Passed · 3 other
Total votes 63
Feb 28, 2023
D
Democratic42
97% Yea
R
Republican21
90% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
4
Committee
6
Amendments
1
Mar 5, 2024
Committee
REFERRED TO AGRICULTURE
lower
Mar 5, 2024
Upper · Passed
PASSED SENATE
upper
Jan 3, 2024
Committee
REFERRED TO AGRICULTURE
upper
May 22, 2023
Committee
REFERRED TO AGRICULTURE
lower
May 22, 2023
Upper · Passed
REPASSED SENATE
upper
Mar 13, 2023
Upper · Passed
AMENDED ON THIRD READING 4270A
upper
Feb 28, 2023
Committee
REFERRED TO AGRICULTURE
lower
Feb 28, 2023
Upper · Passed
PASSED SENATE
upper
Feb 13, 2023
Committee
REPORTED AND COMMITTED TO RULES
upper
Feb 7, 2023
Committee
REFERRED TO AGRICULTURE
upper
1 primary · 4 co-sponsors
Sponsors
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