New York A00993 creates a revolving loan program for environmental compliance at concentrated animal feeding operations.
New York A00993 amends the public authorities law to create the concentrated animal feeding operation environmental compliance revolving loan program. This program allows the corporation to provide financial assistance to farm operators for planning and implementing certified nutrient management plans. The corporation can issue bonds and notes to finance these projects, with funds separate from other assets. The program excludes financing for certain other projects and requires consultation with the commissioner of agriculture and markets.
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