A bipartisan effort in the Ohio House gives beginning farmers financial incentive to establish themselves in the state’s agricultural industry.
Co-sponsored by Rep. John Patterson (D-99th District) and Rep. Susan Manchester (R-84th District), House Bill 183 would authorize a nonrefundable income tax credit for beginning farmers who attend a financial management program, and a nonrefundable income tax credit for individuals who sell or rent farmland, livestock, buildings or equipment to beginning farmers. Eligibility requirements would be affirmed by the Ohio Department of Agriculture.
Both representatives offered testimony on the bill to the Ohio House Agriculture and Rural Development Committee on April 9. Ohio Farm Bureau policy supports legislation that establishes beginning farmer incentives.
“Several forward-thinking OFBF members realized the challenges of exit and entry in agriculture and successfully added Farm Bureau policy supporting incentives for new and beginning farmers,” said Jenna Beadle, Ohio Farm Bureau director of state policy.