H.R. 5771, also known as the Tax Extenders Bill, passed the U.S. Congress yesterday. The bill contains a provision in the tax code, Section 179, which would allow a small business, like a farm or ranch, to expense up to $500,000 in capital investment, when requirements are met. AFBF President Bob Stallman released the following statement regarding the passage of the bill. The bill will now go on to the President for his signature. “Passage of H.R. 5771 means farmers and ranchers are one step closer to tax laws that will let them reinvest in their businesses. Farm Bureau now […]
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Tax Increase Prevention Act is beneficial to Oklahoma farmers and ranchers
H.R. 5771, the Tax Increase Prevention Act of 2014, is very important to Oklahoma farmers and ranchers. The bill contains a provision in the tax code, Section 179, which would allow a small business, like a farm or ranch, to expense up to $500,000 in capital investment, when requirements are met. The bill’s proposed language would increase the Section 179 tax deduction from $25,000 to $500,000 only for the year 2014. This would allow farmers and ranchers to utilize money immediately because of the increased cash flow. Oklahoma Farm Bureau’s public policy department is working closely with the Oklahoma’s U.S. […]
Oklahoma Farm Bureau submits comments on proposed WOTUS rule
Oklahoma Farm Bureau submitted comments today in response to the Environmental Protection Agency and U.S. Army Corps of Engineers proposed rule to define “waters of the United States” under the Clean Water Act. The rule proposed by the EPA and Corps will affect a large number of OKFB members, said OKFB President Tom Buchanan. “Oklahoma Farm Bureau’s members engage in activities on land and water that often require a jurisdictional determination from the Corps before proceeding,” said Buchanan. “Any change in CWA regulations that would change the scope of federal jurisdiction will have a substantial effect on our members’ ability […]
OKFB leaders pass resolutions on water, wind energy, EPA and USDA
Resolutions to study water transportation in Oklahoma, support wind energy and stop federal agency over regulation were among resolutions passed by the Oklahoma Farm Bureau state resolutions committee during their two-day meeting Oct. 21-22 in Norman. The proposals will be voted on during the annual OKFB convention Nov. 14-16, Tulsa. “Water is a critical factor for agriculture and we want to study the most feasible and economic way of moving water and how Oklahomans can benefit the most from such a system,” said Roland Pederson, OKFB vice president and chairman of the resolutions committee. The committee also voiced support for […]
OKAgFund endorses Gov. Mary Fallin in reelection campaign
The OKAgFund announces its endorsement of Gov. Mary Fallin as she seeks reelection for governor. “Gov. Fallin understands the importance of rural Oklahoma for economic development all across our state,” said John Collison, OKFB vice president of public policy and media relations. “We sincerely appreciate Gov. Fallin for continuing to stand with and support the agricultural industry, and we are honored to endorse her in her campaigning efforts.” The OKAgFund, Oklahoma Farm Bureau’s political action committee, is made up of OKFB members from across the state who identify candidates who demonstrate beliefs and actions that are consistent with Oklahoma Farm […]
Statement from Oklahoma Farm Bureau President Tom Buchanan regarding H.R. 5078
“Oklahoma Farm Bureau applauds the U.S. House of Representatives for standing with farmers and ranchers across the country by passing H.R. 5078, Waters of the United States Regulatory Overreach Protection Act. This legislation will help protect rural Oklahoma from the regulatory overreach by the EPA, specifically the proposed WOTUS rule. We now ask our Oklahoma senate delegation to work with the House and pass H.R. 5078.” We encourage our members to continue making public comments on the EPA proposed rule for the Waters of the U.S. The deadline for comments is Oct. 20.” For more information or to submit comments, […]
OKFB August Area Meeting dates
Oklahoma Farm Bureau is gearing up for August Area Meetings, which serve as the beginning of OKFB’s grassroots policy development season. These meetings signal the beginning of the grassroots path to setting OKFB policy for the next year. Farm Bureau members from around Oklahoma will come together at various locations throughout the state to discuss the issues that impact agriculture and rural Oklahoma. We hope to see you there! August Area Meetings will be held across the state starting Aug. 12 and will conclude on Aug. 22. Below is a tentative schedule, which we will update as we confirm details. […]
OKFB calls for comments on Clean Water Act expansion
Click here to comment on the proposed expansion of the Waters of the U.S. regulation Deadline: October 20 Oklahoma Farm Bureau is urging its members to comment on the expansion of the Clean Water Act through the proposed Waters of the U.S. rule during the Environmental Protection Agency and the Army Corps of Engineers’ open comment period, which ends October 20. What it is The proposed rule would remove the word “navigable” from the Clean Water Act, expanding the EPA’s regulatory reach beyond “navigable” waters. It would open potential regulation for ditches, ponds, waterways, streams that only have water in […]
Legislative Update with John Collison
As a lobbyist, each session is different from the one before. Sure the mechanisms are in place to assure its uniformity, but trust me when I say each session is different. The OKFB public policy team found ourselves going from the offensive last session to playing major defense against policy decisions that affect you as members and our company as a whole. We had to get to work early this year and put to rest a home office tax credit bill that would have been a $1 million yearly impact to our county offices. This is money that we already […]
Oklahoma Farm Bureau recognizes legislators for supporting rural Oklahoma
The Oklahoma Farm Bureau Board of Directors today announced the 2014 OKFB 100 Percent Club members. The award is based on a 100 percent voting record on key Farm Bureau legislative measures during the 2014 Oklahoma legislative session. “This honor is given to those legislators who support Farm Bureau’s mission to protect personal property rights, keep taxes low and boost agricultural and rural business,” said John Collison, OKFB vice president of public policy and media relations. “We greatly appreciate their leadership at the state Capitol this year.” The following 20 senators received the designation: Mark Allen, Don Barrington, Brian Bingman, […]
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