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Farm Bureau Asserts that PA Farm Bill and State Budget Should Boost Pa’s Agriculture Industry Leopold Conservation Award
Seeks Nominees
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Young Ag Professionals members from across the state will gather
during Pennsylvania Farm Bureau’s State Annual Meeting in November
to participate in state and national level contests. More
PFB praised members of the state General Assembly and Governor Wolf for supporting a state budget and a bipartisan “Pennsylvania Farm Bill” legislative package. More Know a PA farmer or forester who goes
above and beyond in the care and management of natural resources? More
     
Young and Beginning Farmers Should Gain More Access to Land Thanks to New Tax Credit Law
 TylerShaw IMG 6254 600x400Young farmer Tyler Shaw of Dauphin County believes he will benefit from a new tax credit that could provide him more opportunities to rent farmland. 

 

(Camp Hill) – Pennsylvania Farm Bureau (PFB) members are excited about legislation signed into law by Governor Wolf that would create new opportunities for young and beginning farmers to lease or buy land by offering a tax incentive to landowners.

 

Senate Bill 478, which was sponsored by Senator Elder Vogel, will provide a 10% credit on the gross rental price with a maximum credit of $7,000 per year to a landowner who rents property to a qualified beginning farmer, or a one-time tax credit totaling 5% of the sales price of land with a maximum credit of $32,000. More

 
 
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