Missouri’s Agriculture Industry is Front and Center of Special Session Work Today
October 4, 2022 5:30AM CDT
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(MISSOURINET) – The Missouri Senate plans to get to work today on a proposed extension of some farm tax credits. They are intended to help meat processors, biofuels producers and urban farms, among others in the industry. The credits would be extended through 2028, instead of only two years. State Representative Brad Pollitt (PAW-litt), of Sedalia, is the sponsor of the 40-million-dollar plan…
Under the proposal, Missouri gas stations selling a 15-percent blend of corn-based ethanol would get a five-cents-per-gallon credit annually, with the maximum annual credit of five-million dollars.
