Making an abrupt U-turn, Minnesota Gov. Mark Dayton and DFL legislative leaders have called for repealing a new sales tax on farm equipment repair as part of a special legislative session Sept. 9 to provide disaster relief.
Most of the discussion about the last-minute legislation to avert sharp tax increases for 2013 has concentrated on the Bush tax cuts their permanent extension for most Americans and their expiration for a very few.
The Pennsylvania Senate has passed S.B. 1169, sponsored by Sen. Mike Waugh, R-York, which amends the Pennsylvania Fair Dealership Law to provide free-market protections for small agricultural equipment dealers selling agriculture equipment in Pennsylvania.
Source: Whitney McFerron and Andrew Mayeda, Bloomberg
The Canadian government will introduce legislation tomorrow to end the Canadian Wheat Board's monopoly on marketing wheat and barley in the country's biggest growing region, Agriculture Minister Gerry Ritz said today.
The 2012 farm bill must continue to provide the nation's farmers a dependable safety net, but given today's tight budget outlook, the legislation must also be fiscally responsible. The best way to do that is to maintain the basic funding structure and baseline of the 2008 farm bill, American Farm Bureau Federation President Bob Stallman told members of the Senate Agriculture Committee.
The Assn. of Equipment Distribution (AED) is reporting that on May 29, the House Ways & Means Committee approved legislation (H.R. 4718) to make 50% bonus depreciation permanent for capital investments such as equipment purchases. H.R. 4718 now awaits House floor consideration.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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