LCO No. 2071 1 of 1
General Assembly Proposed Bill No. 741
January Session, 2021
LCO No. 2071
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. COHEN, 12th Dist.
AN ACT EXTENDING FARMER TAX EXEMPTION PERMITS GRANTED
TO CERTAIN START-UP FARMERS NEGATIVELY IMPACTED BY THE
COVID-19 PANDEMIC.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the Department of Revenue Services be required to extend a 1
farmer tax exemption permit granted in the 2020 or 2021 calendar year 2
to a start-up farmer who began engaging in agricultural production as 3
a trade or business in either of said years and who was impacted 4
negatively economically by the COVID-19 pandemic. Such extension 5
shall include the time period to show proof of profitability required to 6
maintain such permit. 7
Statement of Purpose:
To require the Department of Revenue Services to extend a farmer tax
exemption permit granted to certain start-up farmers and the time
period to show proof of profitability.