When the Biden administration and members of Congress introduced new tax plans earlier this year, concerns arose about how some of the changes being proposed would impact family farms across Ohio and the country. In particular, Ohio Farm Bureau took issue with the possibility of eliminating stepped-up basis, which has created a significant tax break for those inheriting an asset such as farmland.

As talks of these modified tax ideas began to ramp up, Farm Bureau issued an Action Alert to its members, asking them to reach out directly to their representatives and share how the changes in stepped-up basis would impact their farm and families.

“I think that the message we have been sharing with lawmakers is being heard loud and clear,” said Brandon Kern, senior director of state and national policy with Ohio Farm Bureau. “Because of our members’ efforts, we have been able to keep these detrimental tax changes out of legislation in Congress.”

During September’s Ohio Farm Bureau Washington, D.C. Leadership Experience, taxes were one of the many issues heavily talked about, and lawmakers heard these points of concern in-person.

As a result, representatives on both sides of the aisle recently have spoken out against eliminating stepped-up basis, in particular.

“Ohio family farmers are a cornerstone of our economy and a pillar of our communities,” said Rep. Tim Ryan (OH-13) in a statement this week. “It is critical that Ohio’s family farms can continue to thrive from generation to generation without the fear of being hit with an unaffordable tax burden. That is why I applaud efforts to protect stepped-up basis within the Build Back Better Act, and I will continue to be a strong advocate to ensure this important measure for our family farmers is protected as Congress continues to debate this package.”

There are still some legislative opportunities that could add in the proposed tax changes that would greatly affect agriculture, so it is not too late to contact your member of Congress to voice your concerns.

“Stepped-up basis is still something Democrats would like to get rid of and that would be a huge problem,” said Sen. Rob Portman. “That would require a lot of farmers to have to sell property altogether just to pay the tax bill, and we can’t go back to that.”

As a member of Farm Bureau, I am glad that this organization takes action when necessary to protect and advance agriculture.
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Mary Smallsreed

Trumbull County Farm Bureau

Policy Development
If you have issues with local planning or have legal questions, someone at the Farm Bureau has the answer for you, or they’ll connect you with someone who does.
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Gayle Hansen

Cuyahoga County Farm Bureau

Hansen's Greenhouse
Farm Bureau is an incredible organization that has given me countless professional development opportunities in addition to advocating for all sizes and types of farmers.
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Shana Angel

Tuscarawas County Farm Bureau

We go to a lot of Farm Bureau events, and there’s a lot of camaraderie built because you’re meeting with people who have similar interests and goals.
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Andy Hollenback

Licking County Farm Bureau

Event Calendar
Through its policies it brings together people in the agricultural community and invests in building vibrant communities that support agriculture.
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Eric Bernstein

Kalmbach Feeds

Kalmbach Feeds
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, D.C.
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Austin Heil

Hardin County Farm Bureau

Washington, D.C. Leadership Experience
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