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Panel lays over bill to extend Ag Homestead tax credit to very small commercial farms
Summary
Senate File 14-98 would allow farms cultivating fewer than 11 contiguous acres, but demonstrating commercial farming activity, to qualify for the Agriculture Homestead Tax Credit. Committee adopted a technical amendment and laid the bill over for the omnibus package after testimony from small-scale and specialty crop farmers.
Senate File 14-98, proposing to expand eligibility for the Agricultural Homestead Tax Credit to include certain very small commercial farms (fewer than 11 contiguous acres) that demonstrate commercial activity, was laid over for omnibus consideration on Wednesday.
Sponsor Senator Putnam said the change recognizes intensive, revenue-generating small farms that are often excluded by acreage thresholds. "We're not talking about gardeners. We're talking about farmers who are…
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