Legislation would support young farmers
Story Date: 3/23/2017

 

Source: MORNING AG CLIPS, 3/22/17

U.S. Sens. Jerry Moran, R-Kan., and Joni Ernst, R-Iowa, and U.S. Rep. Michael McCaul, R-Texas, introduced legislation to support young people in agriculture by creating a tax exemption for the first $5,000 of income students 18 years of age or younger earn from projects completed through 4-H or FFA. Their bills, the Agriculture Students Encourage, Acknowledge, Reward, Nurture Act (S. 671) and the Student Agriculture Protection Act (H.R. 1626), enable students to keep more of the modest income they earn, which can then be invested in education savings or future agricultural projects.

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