The following is a statement made Tuesday, March 14, from North Dakota farmer Kevin Skunes, president of the National Corn Growers Association (NCGA), in response to the Legislation Amending Section 199A:
“We are pleased with the outcome of the recent negotiations to craft a solution for Section 199A of the Tax Cuts and Jobs Act. This agreement is extremely important for addressing the provision’s unintended consequences and restoring certainty to the marketplace for farmers. NCGA has supported coalition efforts to replicate the tax benefits of the original Section 199 within the tax reform bill. We greatly appreciate the work of Senators John Hoeven (R-North Dakota) and John Thune (R-South Dakota) along with the leadership of House Ways and Means Committee Chairman Kevin Brady (R-Texas) and Senate Finance Committee Chairman Orrin Hatch (R-Utah) to develop this critical legislation. NCGA urges the Congress to adopt the proposed changes with bipartisan support later this month.”
NCGA is taking a series of actions to do our part to help contain the spread of the coronavirus (COVID-19) and the economic fallout it is creating for corn farmers and our customers. Short term, this means instituting policies to protect the health and safety of our stakeholders and the broader communities we serve. Long term, we’re focused on creating solutions to help corn farmers and our customers recover from the financial impacts of this crisis.
CommonGround is a group of farmers connecting with consumers through conversations about science and research and personal stories about food and misinformation surrounding farming. Supported by the NCGA and state corn organizations.
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