Manchester gives testimony on beginner farmer tax credit bill
COLUMBUS – State Rep. Susan Manchester, R-Waynesfield, Tuesday gave sponsor testimony on House Bill 95, bipartisan legislation that establishes a tax credit to assist beginner farmers in the transfer or land, equipment, and other agricultural assets from one generation of farmers to the next.
“The average age of the U.S. farmer is currently 58,” said Manchester. “This legislation recognizes the need to help the next generation of farmers get started in a very capital intensive industry.”
The bill allows income tax credits for established farmers as they sell or rent their agricultural assets to beginning farmers who take a qualified financial management course.
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A bill to create an agricultural innovation fund is supported by local legislators and economic leaders. Written By: Keith Norman | ×
Dakota Spirit AgEnergy, a fuel ethanol plant at the Spiritwood Energy Park Association industrial park, is an example of value-added agriculture. HB 1475 is meant to provide additional funding to attract similar operations in the future. John M. Steiner / The Sun
A bill to create an agricultural innovation fund for North Dakota value-added agricultural projects is being heard Wednesday, Feb. 17, in the state House Appropriations Committee.
House Bill 1475, authored by Rep. Bernie Satrom, R-Jamestown, with sponsors including Rep. Mitch Ostlie, Sen. Terry Wanzek and Sen. Cole Conley, all R-Jamestown, sets aside 20% of the proceeds from the Legacy Fund that would normally be deposited to the North Dakota General Fund for agricultural projects in the state.
Committee Reports
House Insurance Committee
The House Insurance Committee, chaired by Representative Eddie Lumsden (R-Armuchee) met this morning to consider a single measure.
HB 205, authored by Representative Noel Williams (R-Cordele) relates to new standards for travel insurance. The bill is a NAIC model act for travel insurance endorsed by the Georgia department of Insurance. It clarifies standards for permitting consumers to opt out of coverage offered by travel agents or carriers. The bill passed unanimously.
House Agricultural and Consumer Affairs
Newly named Chairman of the House Agricultural and Consumer Affairs, Representative Robert Dickey (R-Musella), held his first Committee meeting stating from the outset that he had large shoes to fill with recently retired Chairman Tom McCall (R-Elberton). Other members of leadership of this Committee are Representative Susan Holmes (R-Monticello) and Representative Steven Meeks (R-Screven). This large, 28-member committee overs
More than 75 bills related to the environment have been filed at the Indiana General Assembly, a swell that was somewhat unexpected in a year when lawmakers are facing major issues such as the ongoing COVID-19 pandemic, racial inequality and widespread economic hardship.
Some of the bills could mean big steps forward for reducing Indiana’s carbon emissions footprint, boosting “green” industries in the state and cleaning up Indiana’s water and air.
On the other end of the spectrum, other bills could repeal entire laws protecting the state’s natural wetlands or potentially limit Hoosiers’ ability to protect themselves from factory farm pollution.