Establishes the carbon farming certification committee for the purpose of developing a certification framework, determining qualified carbon removal practices eligible for the carbon farming tax credit, and promulgating certification standards for qualified carbon removal practices; provides for the development of educational materials to encourage carbon farming by promoting farming practices which reduce, sequester and mitigate greenhouse gas emissions on land used in support of a farm operation; establishes carbon farming tax credits.
Statutes affected: A5660: 150 agriculture and markets law, 210-B tax law, 606 tax law, 3-0301 environmental conservation law, 3-0301(2) environmental conservation law, 16 agriculture and markets law
A5660A: 150 agriculture and markets law, 210-B tax law, 606 tax law, 210-B(1) tax law, 606(a) tax law