mother and son

Proposed tax credit legislation moving through the Statehouse hopes to establish the next generation of farmers while helping the current generation transition their operations.

When the Senate’s SB 159 and the House’s HB 183 were introduced in 2019, they were identical. As the legislation moved through the House, changes were made to make the bill more palatable for lawmakers and beneficial for farmers looking to transition their operation during their lifetime. Now, the Senate is working to mirror those changes, making its version a “companion bill” to expedite the process.

“Introducing both bills in each chamber and taking them through the process in concert is beneficial,” said Jenna Beadle, Ohio Farm Bureau director of state policy. “It will make passage of the legislation easier when they decide which of the two bills will be moving forward for a vote.”

When that happens is yet to be seen, amid disruptions due to the coronavirus. Several lawmakers, like Senate President Pro Tempore Bob Peterson, who represents the state’s 17th District, know the importance of this legislation.

“Getting started in agriculture is a big challenge, especially if you don’t have family already in the industry,” Peterson recently testified in support of SB 159. “This bill would help connect older farmers with younger farmers in a way that allows both generations to benefit.”

The first income tax credit this legislation creates is for beginning farmers who participate in a financial management program approved by the Ohio Department of Agriculture. SB 159 also establishes an income tax credit for individuals or businesses that sell or rent agricultural assets to beginning farmers.

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I'm eternally grateful for the support Ohio Farm Bureau scholarships provided in helping me turn my dreams into reality.
Bethany Starlin's avatar
Bethany Starlin

Hocking County Farm Bureau

Available scholarships
I see the value and need to be engaged in the community I live in, to be a part of the decision-making process and to volunteer with organizations that help make our community better.
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Matt Aultman

Darke County Farm Bureau

Leadership development
With not growing up on a farm, I’d say I was a late bloomer to agriculture. I feel so fortunate that I found the agriculture industry. There are so many opportunities for growth.
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Jenna Gregorich

Coshocton County Farm Bureau

Growing our Generation
Labor has always been an issue, mainly because we are a seasonal operation. So that's a challenge finding somebody who only wants to work three months out of a year, sometimes up to six months.
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Mandy Way

Way Farms

Business Solutions
Farm Bureau involvement has taught me how to grow my professional and leadership experience outside of the workforce and how to do that in a community-centric way.
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Jaclyn De Candio

Clark County Farm Bureau

Young Ag Professionals program
If it wasn't for Farm Bureau, I personally, along with many others, would not have had the opportunity to meet with our representatives face to face in Washington.
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Austin Heil

Hardin County Farm Bureau

Washington, D.C. Leadership Experience
So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
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Mary Smallsreed

Trumbull County Farm Bureau

Advocacy
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