Ag Docket Blog

June 2, 2021 | Kristine A. Tidgren

On May 28, 2021, the Treasury Department released the "Green Book," a description of revenue proposals within President Biden’s fiscal year 2022 budget.

UPDATE: On June 10, a judge from the Eastern District of Wisconsin granted a motion for a temporary restraining order halting the nationwide implementation of the loan forgiveness program for socially disadvantaged farmers. The plaintiffs, twelve white farmers and ranchers from nine different states, claim the program violates the Equal Protection Clause of the U.S.

The Center for Agricultural and Rural Development recently posted this policy brief discussing the possible implications of the Growing Climate Solutions Act of 2021 on the carbon market for agriculture:

The First Legal Step for an Agricultural Carbon Market is in the Growing Climate Solutions Act of 2021

After several late-night, homestretch sessions, the Iowa Legislature passed a sweeping tax bill, SF 619, which is expected to be signed into law by Governor Reynolds shortly. The bill would modify Iowa’s income tax and property tax law in key ways.

After several years of litigation flowing from dicamba drift damage to cotton, soybeans, and other crops,[i] Monsanto (owned by parent company Bayer) agreed to enter into a Soybean Producers Master Settlement Agreement.

May 5, 2021 | Kristine A. Tidgren

As President Biden wrapped up his first 100 days, he rolled out the last of three proposals forming the backbone of his tax and spending policies, the “Build Back Better” plan. With his COVID-19 relief plan—the American Rescue Plan—signed into law, his focus now turns to the latter two proposals, a physical infrastructure plan and a “human infrastructure” plan.

On March 29, 2021, the Iowa Department of Revenue announced a filing and payment extension for individual taxpayers, from April 30, 2021, to June 1, 2021.  In the same notice, IDOR provided instructions for reporting unemployment compensation on 2020 returns.

March 26, 2021 | Kristine A. Tidgren

Update: Sign-up for this program opened April 5. https://www.farmers.gov/cfap/apply

March 25, 2021 | Kristine A. Tidgren

By a vote of 92-7, the Senate today passed HR 1799, the PPP Extension Act of 2021. The House had passed this bill on March 16, 2021, by a vote of 415 to 13.

March 18, 2021 | Kristine A. Tidgren

It’s been difficult enough to keep up with federal tax changes this year, let alone worry about how Iowa is treating these changes. Confusion has been complicated by the fact that many software companies have not adjusted their products to comply with Iowa law.

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