Potential House Disaster Aid Standoff
Thursday, December 5, 2024 2:07PM CST
The House Freedom Caucus, a bloc of roughly 40 GOP members, late Wednesday released a statement opposing a nearly $100 billion disaster supplemental bill. Other Republicans in both the House and Senate have called on lawmakers to pass the package and include funding for farmers facing tough economic conditions.
Wetland Protections and Farm Bill
Thursday, December 5, 2024 10:33AM CST
The report comes as an Iowa landowner is suing USDA over conservation compliance protections in the 1985 farm bill. Several groups, including the Iowa Environmental Council, Iowa Farmers Union, Dakota Rural Action and Food & Water Watch have intervened in the lawsuit.
Federal Judge Blocks BOI Rule
Thursday, December 5, 2024 7:08AM CST
An injunction issued Tuesday in the U.S District Court of Eastern Texas granted a nationwide preliminary injunction against the Treasury Department from enforcing the Corporate Transparency Act's Beneficial Ownership Information clause. The American Farm Bureau Federation had estimated more than 230,000 farm operations were affected by the BOI provisions.
Irwin: Trump May Eliminate 45Z Credit
Wednesday, December 4, 2024 3:52PM CST
Scott Irwin, an agricultural economist with the University of Illinois, said the 45Z Clean Fuels Production tax credit could face elimination by the incoming Trump administration, making sustainable aviation fuel not economical.
