For the first time in more than 30 years, the U.S. House today passed extensive tax reform legislation with several provisions beneficial to farmers nationwide.
Supported by Michigan Farm Bureau (MFB), H.R. 1, the Tax Cuts and Jobs Act passed 227-205 with 9 out of 14 members of Michigan’s Congressional delegation voting in favor of the bill.
Leading up to the vote, MFB District 3 Director Mike Fusilier, State Young Farmer Committee member Adam Dietrich, and National Legislative Counsel John Kran spent Nov. 14-15 in Washington D.C. The trio met with representatives and staff to share why farmers need a tax system that promotes economic growth and addresses agriculture’s unique challenges.
“As a young farmer, the tax plans that are being pushed right now could really impact us when we’re trying to look forward to structuring our businesses for family succession planning and tax planning,” Dietrich said. “We want to get our message across.”
Provisions in the House-passed bill with the greatest impact on farmers include:
Dist. 1 – Rep. Jack Bergman (R-Watersmeet)
Dist. 2 – Rep. Bill Huizenga (R-Zeeland)
Dist. 3 – Rep. Justin Amash (R-Cascade Twp)
Dist. 4 – Rep. John Moolenaar (R-Midland)
Dist. 6 – Rep. Fred Upton (R-St. Joseph)
Dist. 7 – Rep. Tim Walberg (R-Tipton)
Dist. 8 – Rep. Mike Bishop (R-Rochester)
Dist. 10 – Rep. Paul Mitchell (R-Dryden Twp)
Dist. 11 – Rep. David Trott (R-Birmingham)
Dist. 5 – Rep. Dan Kildee (D-Flint Twp)
Dist. 9 – Rep. Sander Levin (D-Royal Oak)
Dist. 12 – Rep. Debbie Dingell (D-Dearborn)
Dist. 13 – Rep. John Conyers, Jr. (D-Detroit)
Dist. 14 – Rep. Brenda Lawrence (D-Southfield)
As the gavel fell on the House vote, across the Capitol, the Senate Finance Committee continues to debate their version of the bill. It’s anticipated a Senate vote could come the week after Thanksgiving. Farm Bureau will continue to advocate member policy and ask your help in communicating to the Senate in the coming days.