BILL IN CONGRESS WOULD REDUCE TAX ON INCOME FROM FFA, 4-H PROJECTS

Legislation introduced in the U.S. House of Representatives would give an economic boost to youth in agriculture.  The Student Agriculture Protection Act would create a tax exemption for the first $5,000 of income students earned from projects completed through 4-H or FFA. Farm Bureau senior director of congressional relations Pat Wolff says the bill would allow students to focus on their education and their projects…

Wolff says it’s important to encourage young people to seek careers in agriculture…

Wolff says Farm Bureau is supporting the bill, H.R. 1770.

From NAFB News Service