Docket Room
S4755A·NY·senate

Establishes the farm ownership succession planning program

In CommitteeFiled Feb 12, 2025
Sponsor: Jamaal Bailey
Latest Action

REFERRED TO AGRICULTURE

Jun 1, 2026

Summary

The bill establishes the Farm Ownership Succession Planning Program (FOSPP), which will provide a toolkit, data, and forums to assist farm owners who are selling or closing their farms. It targets current farm owners, prospective buyers, and under‑represented farming entrepreneurs, aiming to preserve agricultural land and support new entrants. The program will be set up by the Agriculture Commissioner in partnership with the Departments of Economic Development and Financial Services.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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