The House voted 277-148 late Thursday night to approve the $859 billion bill that extends the 2001 and 2003 tax cuts for two years and sets the estate tax at 35 percent with a $5 million exemption through 2012. The legislation, which passed the Senate by a vote of 81-19 on Wednesday, now goes...
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OFBF has sent out an action alert, asking members to contact their senators and representatives to ask them to extend the current maximum estate tax rate and exemption, which are set to expire Jan. 1. The current exemption is set at $5 million with a top rate of 35 percent...
Ohio Farm Bureau members in northern Ohio are asking fellow members statewide to take action against proposals to privatize the Ohio Turnpike. Ohio’s government is currently studying the best way to leverage the Ohio Turnpike, specifically privatizing it, and the results of that study are...
COLUMBUS, Ohio (OFBF) – 95 percent of the candidates who received the endorsement of the Ohio Farm Bureau Federation (OFBF) won their races on Election Day. In total, 121 of the 127 candidates approved by OFBF’s Agriculture for Good Government Political Action Committee (AGGPAC) won...
American Farm Bureau Federation Bob Stallman expressed appreciation for the efforts of the U.S. trade representative to expand beef marketing opportunities, but said Farm Bureau is disappointed that the provisional agreement announced Wednesday between the United States and the European Union...
Farm Bureau is urging support for a broad exemption to the estate tax bill introduced by Rep. Shelley Berkley (D-Nev.). The bill would increase the exemption under the estate tax while lowering the tax rate. “There aren’t 60 votes in the Senate for permanent repeal, so we are shifting from repeal...
The Ohio Farm Bureau Federation (OFBF) has announced the creation of the Center for Food and Animal Issues. The Center represents Farm Bureau’s expanded commitment to participate in and influence the public dialog over the role animals play in society.
Farm Bureau supports a bill by Sen. Richard Burr (R-N.C.) on the regulation of tobacco products that provides more explicit protection for farmers from on-farm regulation and changes to production practices than a recently passed House bill...
As discussion develops on writing a 2012 farm bill and reducing the federal budget deficit, there may be talk of cutting “farm subsidies.” But the Food and Agricultural Policy Research Institute at the University of Missouri points out that such cuts would make just a tiny dent...
The estate tax will be one of the big issues in Congress for farmers and ranchers in 2010, according to Mark Maslyn, executive director of public policy for the American Farm Bureau Federation. “The exemption levels at the end of 2009 were $3.5 million per household. In 2010 that has gone away...