COLUMBIA, Mo.-Although Congress extended the farm bill until Sept. 30, 2013, the director of the Food and Agricultural Policy Research Institute at the University of Missouri says several factors may cause Congress to revisit the legislation sooner rather than later. […] ↓ Read the rest of this entry…
Archive for Legislation
143 results.
During 2012, several unrelated events came together to create what might be referred to as a “perfect storm” in agriculture! The three main drivers that drove our markets to new highs include: monetary policy at the Federal Reserve holding interest […] ↓ Read the rest of this entry…
The recently passed American Taxpayer Relief Act (ATRA) of 2012 increased direct expensing for certain depreciable assets to $500,000. First-year Direct Expensing (Section 179) is an election in IRS code that allows businesses like farms to deduct the cost of […] ↓ Read the rest of this entry…
COLUMBIA, Mo.– The recent “fiscal cliff” legislation provides small businesses and farms some much-needed relief from uncertainty about estate taxes, says a University of Missouri Extension agricultural economist. “We were scheduled to drop the estate tax threshold from $5 million […] ↓ Read the rest of this entry…
Agriculture leaders in Congress vigorously asserted this week their intentions to pursue a 2013 Farm Bill, though formal work in committee is unlikely to start before spring. A placeholder bill for a to-be-negotiated Senate farm bill was one of 10 […] ↓ Read the rest of this entry…
Statements this week from agriculture leaders reinforced the uncertainty surrounding the agriculture budget and the process for reauthorizing federal farm policy in the 113th Congress. The New Year’s fiscal cliff deal included an extension of the 2008 Farm Bill for […] ↓ Read the rest of this entry…
Until September,” a largely forgotten movie from the 80s about a young American woman stranded in Paris after missing her flight, vaguely parallels what is occurring in the U.S. farm community following Congress’s recent decision to extend the current Farm […] ↓ Read the rest of this entry…
As we ring in the new year, we reflect on the hope, promise and challenges that 2013 will hold. Many individuals stop to consider the personal improvements and changes they can make to their lives to ensure that 2013 holds […] ↓ Read the rest of this entry…
The majority of the authorities of the 2008 Farm Bill were extended through September 30, 2013 earlier this year as part of the American Taxpayer Relief Act of 2012. Direct and Counter-cyclical payments along with ACRE will continue for the […] ↓ Read the rest of this entry…
NCBA’s Vice President of Government Affairs Colin Woodall discusses the fiscal cliff package passed by Congress last week, including details on the farm bill extension and the estate tax. Source: Beltway Beef
KLA: Farm Bill, estate taxes addressed in fiscal cliff bill
on January 2, 2013
at 9:45 am
Congress went beyond the 11th hour to pass legislation avoiding the fiscal cliff. In addition to dealing with expiring tax cuts, the bill would extend the 2008 Farm Bill until September 30, 2013. President Barack Obama is expected to sign […] ↓ Read the rest of this entry…
A statement from National Association of Wheat Growers President Erik Younggren, a wheat, soybean and sugar beet farmer from Hallock, Minn.: “NAWG is pleased that leaders in Washington came to some agreement on fiscal and tax policy for our nation […] ↓ Read the rest of this entry…
KLA: House Ag Committee Farm Bill Addresses GIPSA Rule, COOL
on July 13, 2012
at 9:03 am
The U.S. House Agriculture Committee passed its version of the 2012 Farm Bill earlier this week on a bipartisan, 35-11 vote. It would cut the deficit by $35 billion, with most of the savings coming from reductions in the Supplemental […] ↓ Read the rest of this entry…
— Agricultural Community Rallied Against Rule WASHINGTON, D.C.–Citing concerns raised in “thousands of comments,” the U.S. Department of Labor (DOL) announced yesterday evening, April 26, 2012, it will withdraw its proposed rule regarding youth in agriculture. National Cattlemen’s Beef Association […] ↓ Read the rest of this entry…
By U.S. Representative Adrian Smith (R-Neb.) Policymaking should be grounded in sound science. When politics becomes the primary consideration, the end result is almost always harmful. We have seen this phenomenon play out in many areas with detrimental results for […] ↓ Read the rest of this entry…
— NCBA President Says Federal Mandate on Livestock Production Compromises Animal Welfare WASHINGTON, D.C.–Lawmakers and representatives from animal agriculture joined forces to educate nearly 100 people about the deliberate emphasis farmers and ranchers place on caring for the health and well-being […] ↓ Read the rest of this entry…
– NCBA, PLC Support Bipartisan Legislation WASHINGTON, D.C.–U.S. Congressmen John Mica (R-Fla.), Nick Rahall (D-W.V.), Frank Lucas (R-Okla.), Collin Peterson (D-Minn.) and Bob Gibbs (R-Ohio) today, April 27, 2012, introduced legislation (H.R. 4965), which is strongly supported by the National […] ↓ Read the rest of this entry…
WASHINGTON, D.C.–The U.S. Food and Drug Administration (FDA) announced today its intent to publish in the Federal Register on Fri., April 13, 2012, its final Guidance 209 and a draft proposed rule on veterinary feed directives. Tom Talbot, a California beef […] ↓ Read the rest of this entry…
By U.S. Senator John Thune (R-S.D) Yesterday, I joined with 34 of my Senate colleagues to introduce the Death Tax Repeal Permanency Act (S 2242). This legislation will permanently abolish the federal estate tax, better known by ranchers, farmers, and […] ↓ Read the rest of this entry…
WASHINGTON, D.C.–U.S. Senators John Barrasso (R-Wyo.), Dean Heller (R-Nev.) and Jim Inhofe (R-Okla.) today, March 28, 2012, introduced the Preserve the Waters of the United States Act. The legislation, which is strongly supported by the National Cattlemen’s Beef Association (NCBA) […] ↓ Read the rest of this entry…