…the agricultural economy.” Hotchkiss encouraged lawmakers to pass a new Farm Bill and to keep current tax exemptions for farmers, such as the state tax and capital gains exemptions. He…
Farm Groups Want Changes to SAF Tax
Crop duster airplane spraying grain crops on a field on a farm. Image by dewald@dewaldkirsten/DepositPhotos image Top farm groups want improvements in the administration’s sustainable aviation or clean fuel tax…
Independent Study Finds Economic Benefits to Beef Checkoff
…and U.S. GDP by nearly $9.5 billion. The national Beef Checkoff contributed to increased tax revenue at the federal, state, and local levels, amounting to a grand total of $743…
Concerns for Another Proposed Mill Tax Increase
…registration and licensing fees, would amount to $33 million in additional taxes on farmers and ranchers. In a press release, CFBF President Shannon Douglass explained that “Raising the mill tax…
Developing a Market Segment with New Tax Incentives
Aircraft agricultural aviation AN-2. The spraying of fertilizers and pesticides on crops. By Leonid_Eremeychuk/DepositPhotos image The Agriculture Secretary says the new IRS tax credit policy for sustainable aviation fuel is…
AgNet Weekly: AFBF on EPA’s PFAS Rules
The Environmental Protection Agency announced its final rule to designate the two most common PFAS chemicals as hazardous materials under the Comprehensive Environmental Response, Compensation, and Liability Act or CERCLA,…
The Race for Sustainable Aviation Fuel
…of producing SAF is significantly higher than that of jet fuel. He said the industry needs tax credits to level the playing field. “We’ve also heard that there are people…
AgNet Weekly: Ag Policy Expert Fran Miller
Joining us this week is Fran Miller, senior staff attorney and professor with the Center for Agriculture and Food Systems at Vermont Law and Graduate School. We’re talking about policy…
AgNet Weekly: Representative John Duarte (R-CA)
Congress couldn’t pass a farm bill in 2023, but will it happen this year? Congressman John Duarte, a Republican from California, is unsure if we will see it pass in…
Almond Update: What the Biomass Industry Rating Means for Almond Growers
…for growers, but also new job prospects and tax revenue for the local economy. Lewis said they have already been in contact with an economic development agency in Fresno County…
USDA: Expiring Estate Tax Provisions Would Increase Taxes for Farm Estates
An expiring estate tax could be very costly for farm estates. That’s coming up on This Land of Ours. The 2017 Tax Cuts and Jobs Act significantly changed federal individual…
AgNet Weekly: Brian Kuehl on Ag Tax Bill and Future of the Farm Bill
We’re reporting from Commodity Classic this week, where Sabrina talks with Brian Kuehl about a tax bill that’s important to agriculture and the future of the farm bill. Each week…
Week in Review: California Sued Over Climate Laws & New Tax Relief Bill Could Help Farmers
…disclosure laws. California rice growers have a new herbicide option available. A tax relief bill seeks to restore immediate research and development tax deductions and provide expense and interest deductions…
New NCBA President Says Death Tax, Farm Bill Important for 2024
…to keep these ranches and farms in transition. You have to be able to go to the next generation. You have to keep them viable. [With] the death tax, I…