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Bills › 89th General Assembly

SF 360Died when the session ended · February 15, 2021

Relating to the beginning farmer tax credit program, by modifying participation and lease agreement requirements and tax credit amounts, and including effective date provisions

Topics:TaxesTax credits & incentives

Same legislation: HF 484, HF 694

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Also covers HF 484 and HF 694.

Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedFebruary 11, 2021
  2. Done: SubcommitteeFebruary 17, 2021
  3. Done: Senate committeeFebruary 15, 2021
  4. Stopped: Passes the SenateDied when the General Assembly ended
  5. Skipped: House committeeSkipped
  6. Done: Passes the HouseMarch 24, 202194–1
  7. Next: To the Governor
  8. Next: Signed into law

Died when the session ended The General Assembly adjourned on May 24, 2022. Bills that didn’t pass both chambers died. What’s a funnel?

Senate subcommittee

Named February 17, 2021. It hasn’t reported yet.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

Less revenue: up to $1.8M Compare with other bills

Expanding the Beginning Farmer Tax Credit program is projected to reduce General Fund revenue by the following amounts: • FY 2023 = $0.7 million • FY 2024 = $1.1 million • FY 2025 = $1.3 million • FY 2026 = $1.4 million • FY 2027 = $1.6 million • FY 2028 and after = $1.8 millionAward Award Award Award Year Amount Year Amount CY 2007 1.3$ CY 2014 6.5$ CY 2008 2.0 CY 2015 7.0 CY 2009 2.7 CY 2016 8.6 CY 2010 3.6 CY 2017 9.6 CY 2011 5.2 CY 2018 6.0 CY 2012 5.8 CY 2019 6.4 CY 2013 6.0 CY 2020 6.5 In Millions Beginning Farmer Tax Credit Program Awards 3

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

89th General Assembly

HF 484RenumberedHouse companionSF 360Cleared committeeSenate companionHF 694Passed a chamberfrom HF 484

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.