Revive Rural NY is a coalition of organizations united in support of the “New York Rural and Agriculture Jobs Act” (S4727/A4772) which would create jobs and encourage small business growth through rural New York State.
The “New York Rural and Agriculture Jobs Act” would establish a $100-million fund, created through private investment, to develop small businesses that are agricultural in nature or located in rural areas.
If signed into law by the governor, the measure would improve access to capital for agriculture and rural small businesses that sometimes find it hard to obtain financial backing through traditional lending sources. Private investors who contribute to the new program would receive a tax credit. Reporting requirements are also included so taxpayers will know the exact benefits of the investments.
Click here to see a list of the organizations that are part of the Revive Rural NY coaltion.