MO ag groups target tax credit incentives

Missouri farm groups are turning their focus to ag tax credits during next year’s legislative session.

Missouri Farm Bureau’s BJ Tanksley says ethanol and biodiesel incentives through Missouri Agriculture and Small Business Development Authority tax credits are his group’s focus.

“There are some great opportunities,” Tanksley said. “We appreciate the work done in 2021 – we all know the situations we ended up in and, unfortunately, as many bills do – we weren’t able to get it across the finish line last year,”

Missouri Corn’s Ben Travlos says his group is targeting the same area.

“Anhydrous ammonia, we’re also supportive of that,” Travlos said. “But again, MASBDA tax credits are going to be our absolute number one priority this session.”

Tanksley and Travlos spoke at a Missouri House Agriculture Committee hearing Tuesday.

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