Establishes a carbon farming tax credit for farmers

Where it stands

Passed one of the two chambers; it still needs the other.

Agriculture · New York State Assembly

Also referred to Agriculture · New York State Senate.

Purpose, from the sponsor's memo

Section 1: Names the act the "Carbon Farming Act". § 2: adds a new subdivision 5 to section 150 of the Agriculture and Markets Law to define "carbon farming". § 3: adds a new Article 11-C to the Agriculture and Markets Law estab- lishing the Carbon Farming Act. Section 151-p: Legislative findings and intent Section 151-q: Definitions Section 151-r: Establishes a Carbon Farming Certification Committee to develop a certification framework, list of qualified carbon removal practices eligible for the carbon farming tax credit, and certification standards. Section 151-s. Establishes the approval process of Carbon Farming Certification for the purpose of administering the Carbon Farming Tax Credit. Section 151-t: Directs the Department of Agriculture and Markets, in cooperation with the Department of Environmental Conservation, the State Soil and Water Conservation Committee, and the New York State College of Agriculture and Life Sciences to develop educational materials to encourage carbon farming and promote the Carbon Farming Tax Credit. § 4: adds a new subdivision 63 to section 210-B of the Tax Law to create a Carbon Farming Tax Credit. § 5: adds a new subsection (uuu) to section 606 of the Tax Law to create a Carbon Farming Tax Credit. § 6: amends paragraph (a-1) to subdivision 1 of section 210-B of the Tax Law to allow an additional 10% tax credit on top of the existing Invest- ment Tax Credit if the property is principally used for the purposes of carbon farming. § 7: amends paragraph 1-a to subsection (a) of section 606 of the Tax Law to allow an additional 10% tax credit on top of the Investment Tax Credit if the property is principally used for the purposes of carbon farming. § 8: Effective date. DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION: This amendment established a Carbon Farming Certification Committee tasked with developing a certification framework, list of qualified carbon removal practices eligible for the carbon farming tax credit, and certification standards for the purposes of administering the Carbon Farming Tax Credits. The amendment also creates a Carbon Farming Educa- tion program. Finally, the amendment includes a new adder to the exist- ing Investment Tax Credit if the property is principally used for the purposes of carbon farming.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

• Vote: Committee vote · Agriculture

  Senate AgricultureFeb 24, 2026Result: passed

  Voted yes (8)Voted no (0)Voted present (0)Absent (1)

  See member positions for the vote on Feb 24, 2026 (Committee vote · Agriculture)

• Vote: Floor vote

  NY SenateMay 6, 2025Result: passed

  Voted yes (61)Voted no (0)Voted present (0)Absent (1)

  See member positions for the vote on May 6, 2025 (Floor vote)

• Vote: Committee vote · Finance

  Senate FinanceApr 29, 2025Result: passed

  Voted yes (22)Voted no (0)Voted present (0)Absent (0)

  See member positions for the vote on Apr 29, 2025 (Committee vote · Finance)

• Vote: Committee vote · Agriculture

  Senate AgricultureFeb 4, 2025Result: passed

  Voted yes (9)Voted no (0)Voted present (0)Absent (0)

  See member positions for the vote on Feb 4, 2025 (Committee vote · Agriculture)

Full history

1. Feb 25, 2026

   Reported out of committee

   REPORTED AND COMMITTED TO FINANCE

   NY Senate

2. Jan 12, 2026

   Amend (t) and Recommit to Agriculture

   AMEND (T) AND RECOMMIT TO AGRICULTURE

   NY Senate

3. Jan 7, 2026

   Died in Assembly

   DIED IN ASSEMBLY

   NY Assembly

4. Jan 7, 2026

   Referred to committee

   REFERRED TO AGRICULTURE

   NY Senate

5. Jan 7, 2026

   Referred to committee

   REFERRED TO AGRICULTURE

   NY Assembly

About this record

Summary

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Cosponsors

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Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 2, 2026. About our data

Read the record

• Read on NY Senate (opens in a new tab) The official record on nysenate.gov.