…Renewable Fuels Association. IRA contains $500 million to improve market development of higher blends of biofuels and new tax credits for incentivizing cleaner fuel adoption. About the Author Brian German…
Inflation Hitting Farm Families
…the Democrats’ new slimmed-down climate and healthcare bill will add job-killing tax hikes and spike inflation. Not so, argues Senate Democratic Leader Chuck Schumer. “Leading experts confirm the Inflation Reduction…
Farming Outreach and Education Efforts Supported with $14.5 Million Investment
…funds to hire accountants or tax professionals to assist, especially for new and historically underserved producers. This new initiative offers support to producers in navigating tax season. Second, we want…
Agricultural Impacts of Inflation Reduction Act
…that, about $40 billion will go to USDA for climate-smart agriculture programs; biofuel development; forest restoration work; renewable energy tax credits; conservation technical assistance; and rural electric cooperative carbon capture…
Ag Groups Support Conservation Investments in Inflation Reduction Act
…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…