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Farm Events: |
Farm News: Vruwink Doesn't Want To Waste TimecommentsPosted: 01.04.2011
State Representative Amy Sue Vruwink (D-Milladore) issued the following statement
Regarding LRB−0625/1: the dairy and livestock farm investment credits that she introduced for co-sponsorship Monday in the State Capitol. This legislation will further extend the dairy tax credits to January 1, 2015 from the original date of 2012.
“When I introduced Assembly Bill 756 in the past legislative session, I did so with the intent to extend the successful dairy tax credits that have created a total of $1 billion dollars of farm level facility investments for Wisconsin production agriculture. I figured why wait until 2012 to extend these beneficial; and much needed tax credits.” said Vruwink.
LRB-0625 provides for 10% of modernization costs up to $75,000 per claimant, similar to Assembly Bill 756 which passed both houses of the legislature and was signed into law this past spring in 2010. This new bill will extend the expiration date to January 1, 2015. These tax credits will continue to be flexible and will help with a broad range of improvements, from acquiring or building newer facilities to improving fencing or waste management.
“Even though Democrats are no longer in control of the state legislature, that doesn’t mean that I’m going to sit back and be a spectator. I hope that I can get support from both sides of the aisle on this legislation as well as from Governor Scott Walker and continue to make it easier for Wisconsin’s dairy famers to expand their operations. The $59 billion dollar agriculture industry is too important to Wisconsin’s economy to play partisan politics and that’s why I am hopeful that this legislation can move forward to protect, promote, and expand our dairy industry,” stated Vruwink.
Representative Vruwink is hopeful that bill will move swiftly through the Wisconsin State Legislature and will be requesting that this legislation be referred to the Assembly Committee on Agriculture, similar to where Assembly Bill 756 went in the previous legislative session.
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