180 farm groups urge Congress to preserve Section 199 deduction
Story Date: 11/15/2017

 

Source: Jerry Hagstrom, PROGRESSIVER FARMER, 11/14/17


A coalition of 180 farm and agribusiness groups has written House Speaker Paul Ryan, R-Wis., and House Minority Leader Nancy Pelosi, D-Calif., urging them to preserve the deduction for co-op production and marketing expenses known as Section 199 in the tax bill.The bill that the House Ways and Means Committee passed last week eliminates the deduction that co-ops pass along to their members.

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