Assembly Not Horsing Around With Bills to Grow Equine Industry
Several bills sponsored by Assembly Agriculture Committee Chair Bill Magee (D-Nelson) that seek to aid and assist the equine industry with continuing to grow in New York State have passed the Assembly.
"There is no doubt that equine – whether it is horse boarding or the raising of horses – is a large and growing part of New York agriculture," Magee said. "These bills simply seek to continue that growth and ensure that our horse farmers are eligible for the same benefits as other farmers."
The bills include:
- A.5448/S.3535 which simply clarifies that this bill would simply that indoor arenas used for the training and exercising of horses do qualify for the ten year real property tax exemption granted in section 483 of the real property tax law. This bill is sponsored in the Senate by Senator Cathy Young.
- A.6874/S.5506 which ensures that horse boarding operations are eligible for the agricultural school property tax credit just as most other farmers are. This bill is sponsored in the Senate by Senator Cathy Young.
- A.8101/S.5536 which provides that start up commercial horse boarding operations are eligible for agricultural assessments and protection from unreasonably restrictive local laws. This bill is sponsored in the Senate by Senator Cathy Young.
"This package of bills will really provide a shot in the arm for the equine industry," Magee commented. "By ensuring that they receive these needed tax incentives and protections our horse farmers and our agriculture industry will continue to grow and prosper."
Within the agriculture industry, the equine sector continues to grow by leaps and bounds whether it is in terms of the expansion of pleasure riding, race horses, horse boarding or simply the raising and breeding of these fine animals. The New York horse industry produces goods and services valued at $1.7 billion annually with over 150,000 horses in New York and in excess of 258,000 people involved in the industry as owners, service providers, employees, volunteers or spectators. More than that, the equine industry employs almost 13,000 people in and throughout this great state.
"There is no horsing around when you point out that the equine industry is becoming, more and more, a major component of farming all across New York State and the more we do to fortify and reinforce the mortar of each block in the foundation of agriculture, the stronger the foundation becomes overall," Magee concluded.