Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hochul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
Fiscal Year 2026-2027 NYS Budget
The budget contains provisions affecting New York farm and agribusiness customers. Producers and business owners should review the final legislation with their tax and financial advisers to understand which provisions apply to their individual operations.