New York S 2725: Establishes a deduction for stock options

Bill Text

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S02725 Summary:

BILL NOS02725 

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SAME ASSAME AS A01829

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SPONSORORTT

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COSPNSR

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MLTSPNSR

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Add §2859, Pub Auth L

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Provides that farmers shall receive an exemption from tolls when transporting products to the city of New York for consumption in such city, subject to an appropriation for the 2027-28 state fiscal year.

Go to top S02725 Actions:

BILL NOS02725 

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01/22/2025REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

01/07/2026REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Go to topS02725 Committee&nbspVotes:

Go to topS02725 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS02725 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2725

 2025-2026 Regular Sessions

 IN SENATE

 January 22, 2025
 ___________

 Introduced by Sen. ORTT -- read twice and ordered printed, and when
 printed to be committed to the Committee on Corporations, Authorities
 and Commissions

 AN ACT to amend the public authorities law, in relation to providing
 toll exemptions for farmers transporting their goods to the city of
 New York

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The public authorities law is amended by adding a new
 2 section 2859 to read as follows:
 3 § 2859. Exemptions from tolls. 1. Subject to an appropriation made
 4 therefor during the two thousand twenty-seven--two thousand twenty-eight
 5 state fiscal year, any public authority under title nine of article two,
 6 title two of article three or title three of article three of this chap-
 7 ter, shall provide an exemption from any toll imposed by such authority
 8 for transportation across, on or through any bridge, road or tunnel, for
 9 any farmer or food producer who:
 10 a. farms or produces food, including fish and fish products, on a
 11 property located in the state; and
 12 b. is transporting such food to the city of New York for the purposes
 13 of consumption within such city.
 14 2. Any person exempt from a toll pursuant to subdivision one of this
 15 section shall also be exempt from any congestion pricing plan imple-
 16 mented in the city of New York.
 17 3. The New York state thruway authority shall establish acceptable
 18 forms of proof to show that an individual does, in fact, comply with
 19 paragraphs a and b of subdivision one of this section.
 20 § 2. This act shall take effect on the one hundred eightieth day after
 21 it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04242-01-5

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