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Below you'll find a list of all posts that have been tagged as “Section 199A”
Broadband: U.S. Secretary of Agriculture Sonny Perdue applauded the robust investment of $600 million in rural broadband for the U.S. Department of Agriculture (USDA), which was included in the FY 2018 Omnibus Spending Package. The funding comes at a time when President Donald J. Trump is pursuing an ambitious agenda to rebuild America’s infrastructure, including a special emphasis on rural …
The Hagstrom Report says congressional leaders have agreed on an omnibus appropriations bill to fund the government through September 30. It passed a House vote, 256-167, and is expected to pass in the Senate before the weekend. There may still need to be a short-term continuing resolution if any senators object to the bill. The bill does contain a fix …
Congressional appropriators revealed an omnibus appropriations bill that includes significant and harmful modifications to an important tax break for farmers and agricultural cooperatives. The break is known as Section 199A, was included in last year’s tax overhaul, as a means of leveling the playing field between ag cooperatives and corporations who received a sizeable tax break in the legislation. The …
A DTN report says Congress may be close to replacing the Section 199A language in the new tax law that curbs the advantages of farmers who sell their products to cooperatives rather than private companies. Iowa Senator Chuck Grassley says a possible fix would give farmer cooperatives the same tax benefits they had under the old Section 199A, known as …
A group of Republican lawmakers Wednesday sent a letter to Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan calling for changes to Section 199A in the tax code. The group of more than 80 lawmakers says the changes will restore the competitive balance in the agricultural marketplace. Led by Iowa Representative David Young, the group says the changes …
