NEWS
Senate Panel OKs Tax-Extenders Bill
Todd Neeley DTN Staff Reporter
Mon Jul 27, 2015 11:46 AM CDT

OMAHA (DTN) -- The U.S. Senate Finance Committee passed a two-year extension of small business expensing and bonus depreciation, as well as a number of tax measures for agriculture during a mark-up of legislation Tuesday.

In addition, the committee passed an amendment to the so-called tax extender legislation offered by Sen. Charles Grassley, R-Iowa, to limit the $1 biodiesel tax credit to domestic producers only through 2016. Industry officials have decried an influx of foreign-produced biodiesel imported into the U.S. from Argentina and other countries, saying the credit should be used only to incentivize domestic producers.

The committee passed the ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
View From the Cab
Multi-Year Losses Spur Concern
A Tough Country
Woodbury: Farm Family Business
Russ' Vintage Iron
View From the Cab
View From the Cab
Batten Down the Hatches
USDA Redefines "Wealthy" Farms
KC Fed Chief: Raise Interest Rates