LINCOLN, NEB. – “We appreciate the work of the U.S. House of Representatives to advance the first major piece of tax code reform in more than 30 years. Passage of the Tax Cuts and Jobs Act (H.R. 1) moves us closer to establishing a federal tax code that works for Nebraska’s farm and ranch families.”
“From the beginning, we’ve pushed for lower tax rates, and the preservation of many important tax provisions that assist small businesses, like farms and ranches. This bill does that.”
“We thank Congressman Jeff Fortenberry, Congressman Don Bacon, and Congressman Adrian Smith for their support of this important first step to major tax reform. We especially want to thank Congressman Smith for his work in the House Ways and Means Committee which has been working on these needed reforms for many years.”
“It’s our hope the Senate will put aside political differences, and follow suit to advance legislation that reflects many of the key provisions included in the House bill.”
The Nebraska Farm Bureau is a grassroots, state-wide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service and advocacy efforts. More than 61,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit www.nefb.org.