Farm groups urging Senate to pass tax relief legislation

by | Apr 10, 2024 | 5 Ag Stories, News

The Tax Relief for American Families and Workers Act passed in the House of Representatives with broad bipartisan support, so the American Farm Bureau Federation (AFBF) and a coalition of agricultural groups are asking the Senate to pass it as well. AFBF government affairs director Dustin Sherer says the moment is now.

Important to agriculture is Section 179 expensing and bonus depreciation, which is phasing down.

Sherer also urges farmers and ranchers to contact their lawmakers now- it can’t wait until later.

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