Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Farm State Lawmakers Help Craft Final Deal Beneficial to Farm Coops in Tax Reform Conference Report

Mon, 18 Dec 2017 04:01:10 CST

Farm State Lawmakers Help Craft Final Deal Beneficial to Farm Coops in Tax Reform Conference Report After the release of the Tax Reform Conference Report late Friday, the CEO of the National Council of Farmer Cooperatives, Chuck Conner, offered the following statement of support for the final products that will likely be voted on by both the House and Senate by the end of this week:


"Throughout the debate on tax reform, several Senate champions of agriculture have worked tirelessly to make sure that farmers and their co-ops were treated fairly in the process.

"The top tax bill priority for farmer co-ops was ensuring that the elimination of the Section 199 deduction did not result in a tax increase on farmers. Senator John Hoeven of North Dakota recognized the consequences of eliminating the deduction early on and became instrumental in finding a fair solution. Senator John Thune of South Dakota, a member of the Finance Committee and a co-chair of the Congressional Farmer Cooperative Caucus, secured provisions that will keep money in the pockets of family farmers across the country at a time when low commodity prices mean that every penny counts.
"Senate Agriculture Committee Chairman Pat Roberts of Kansas also was instrumental in ensuring that farmers and co-ops were treated equitably when it came to provisions regarding the deductibility of interest.

"As such, NCFC strongly supports this bill and thanks Senators Hoeven, Roberts and Thune for their leadership."



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.