…care and tax reforms. Most important for farmers is the funding support included for conservation programs. Multiple agricultural groups have expressed praise for the legislation. The National Farmers Union (NFU)…
House Agriculture Subcommittee Hearing on Hemp
…the Marijuana Tax Act of 1938, and hemp was treated no differently than marijuana under the Controlled Substances Act. In 2014, the farm bill removed long-standing federal restrictions on the…
Close to 200 Industry Groups Oppose Tax Increase Proposals
Nearly 200 organizations representing a variety of industry interests have raised concerns about tax increase proposals. In a letter sent to Congressional leadership, the coalition highlights certain tax considerations that…
AgNet News Hour: Friday, 06-24-22
Get the latest agriculture news in today’s AgNet News Hour, hosted by Danielle Leal. Today’s show covers Biden’s Gas Tax Holiday proposal and why California’s gas is priced so high,…
Rep. LaMalfa: Budget, Hearings on Climate Change “Won’t Put Food on the Table”
…more than $2.5 trillion in tax hikes to high income earners and large corporations over a decade, on top of the nearly $1.5 trillion of increases included in the House’s…
Republicans Call for Investment in Water Projects with State Surplus
…under the Gann Limit in 2022-23, we urge you to respect the will of the voters and invest their tax dollars for the expressed reasons they approved under Proposition 4.”…
California Walnut Board Supports Industry Growth During Record Crop Year
…CA government to urge lawmakers in the Department of Pesticide Regulations to not increase mill tax for at least two years. Furthermore, 17 scientific papers published that were funded or…
Vietnam Revises Tariff Rates on Corn, Wheat, Frozen Pork
…two percent, and the tax on all wheat gets zeroed out. The import tax on frozen pork will drop from 15 to 10 percent on July 1, 2022. U.S. Grains…
Pelosi Warns of Cuts to Build Back Better Act
…and children. Much of the spending is financed through new tax increases on corporations and the wealthy. For agriculture, the plan includes $66 billion in funding for research, biofuels and…
AFBF: No Methane Tax on Animals in Reconciliation Bill
…a tax would have been devastating to agriculture.” Kieffer says Farm Bureau opposes any tax on methane, but “is grateful to lawmakers for recognizing the thin margins in agriculture and…
Farm City Newsday Monday, 09-20-21
Get the latest agriculture news in today’s Farm City Newsday, hosted by Brian German. Today’s show is filled with stories about the proposed tax changes that could affect agriculture, food…
Reconciliation Process Moving Forward, Tax Policy Questions Remain
…reconciliation bill this week, largely focusing on tax policy changes. Vice President of Washington Operations for the National Cotton Council, Reece Langley said the committee did not make changes to…
Farm City Newsday Thursday, 09-16-21
…measuring moisture in drought-stressed corn for making harvest decisions, and getting with your tax advisor before proposed tax changes are made. Tune in to the show for these news stories,…
Congressional Leaders Educated on How Tax Proposals Impact Ag
Hundreds of agricultural groups have voiced concern regarding the tax proposals being considered and how they will impact the industry. Letters were sent to congressional leaders detailing the crucial tax…