| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2071 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 741 | |
| 6 | 6 | January Session, 2021 | |
| 7 | 7 | LCO No. 2071 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on FINANCE, REVENUE AND | |
| 11 | 11 | BONDING | |
| 12 | 12 | ||
| 13 | 13 | ||
| 14 | 14 | Introduced by: | |
| 15 | 15 | SEN. COHEN, 12th Dist. | |
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | AN ACT EXTENDING FARMER TAX EXEMPTION PERMITS GRANTED | |
| 20 | 20 | TO CERTAIN START-UP FARMERS NEGATIVELY IMPACTED BY THE | |
| 21 | 21 | COVID-19 PANDEMIC. | |
| 22 | 22 | Be it enacted by the Senate and House of Representatives in General | |
| 23 | 23 | Assembly convened: | |
| 24 | 24 | ||
| 25 | 25 | That the Department of Revenue Services be required to extend a 1 | |
| 26 | 26 | farmer tax exemption permit granted in the 2020 or 2021 calendar year 2 | |
| 27 | 27 | to a start-up farmer who began engaging in agricultural production as 3 | |
| 28 | 28 | a trade or business in either of said years and who was impacted 4 | |
| 29 | 29 | negatively economically by the COVID-19 pandemic. Such extension 5 | |
| 30 | 30 | shall include the time period to show proof of profitability required to 6 | |
| 31 | 31 | maintain such permit. 7 | |
| 32 | 32 | Statement of Purpose: | |
| 33 | 33 | To require the Department of Revenue Services to extend a farmer tax | |
| 34 | 34 | exemption permit granted to certain start-up farmers and the time | |
| 35 | 35 | period to show proof of profitability. |