Governor Kasich has introduced a proposal to make significant changes in the Ohio severance tax system that applies to oil and natural gas wells in exchange for lowering Ohio’s income tax.
Policy & Politics
Ohio has constitutional amendment processes which allow citizens to vote directly to change Ohio’s constitution and laws. Recently we have seen an increase in ballot initiatives and referendums, which leads to many questions.
Since term limits have been enacted in Ohio and other states, the composition of the legislatures has remained largely the same regarding women and minorities. Critics argue legislators become less effective as they grow in experience.
The Current Agricultural Use Value (CAUV) Program says for property tax purposes, farmland devoted solely to commercial agriculture may be valued by its current use, instead of its "highest and best" potential use. CAUV usually results in a substantially lower tax bill for working farmers.
OFBF has a substantial amount of member-developed policy on wildlife issues, including: wildlife management; wildlife control; and regulations on hunting, fishing, and trapping. Consider the following issues concerning hunting regulations and whether current policies should be amended.
The Current Agricultural Use Valuation (CAUV) program values have increased due to higher crop prices and lower interest rates, but continue to provide an average 67 percent reduction from fair market value.
Farmers have been responding to climate change since they first put seed in the ground and herded livestock. Whether or not one believes the climate is changing or whether humans are the cause of that change, from a food supply standpoint, agriculture needs to be as resilient as possible.
Recently, China has rejected some vessels carrying small amounts of a corn variety approved for marketing in the United States, but not in China. The market reacted negatively and a number of grain handling companies have indicated they will no longer accept that variety at their elevators.
In general, the U.S. Constitution grants the federal government exclusive authority to regulate trade between states.
Last fall, a record harvest of high moisture corn increased demand for propane for drying in the Midwest. As a result, propane inventories in the Midwest were at their lowest level heading into winter since 1996.