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Growing Wisconsin Agriculture
Farm leaders call the 2004 legislative session one of
the most productive in 25 years. Gov. Doyle and the Legislature worked in a
bi-partisan way to strengthen agriculture in a number of ways:
Dairy Investment Tax Credit
If you make capital investments to modernize your dairy operation, you may be
eligible for a tax credit of up to $50,000 to cover expenses. The tax credits
start in the 2004 tax year and must be applied to your annual Wisconsin income
tax liability.
Livestock Siting
The new law, Act 235, aims to provide predictability for farmers seeking new
or expanded livestock operations while protecting the environment and honoring
local decision making. A panel of technical experts is developing criteria for
protecting water, air and land.
Healthcare Co-ops
The new law creates five pilot programs to bring affordable health insurance
and lower deductibles to farmers and other self-employed people. The first pilot
program is underway and may be able to sign up a limited number of participants
before year’s end.
Producer Security
The new law aims to strengthen the agricultural producer security program while
freeing up capital for re-investment.
Property Taxes
Two new laws reduce property tax on wetlands and agricultural woodlands. One
allows additional woodland and wetlands on farms to be assessed at 50 percent
of its value. This is an important step to keep this land in its most appropriate
use. It also strengthens our overall farmland use value law and the effort to
make Wisconsin farms competitive with neighboring states.
Livestock Premises Identification
The new law establishes an identification system essential for animal health
officials to track and contain animal disease outbreaks. Producers are encouraged
to participate in the voluntary registration program coordinated by the Wisconsin
Livestock Identification Consortium. Under the new law, registration will
be mandatory in 2006.
WHEDA CROP Loan
The new law allows greater discretion in the size of agricultural production
loans.
Growing WITH Wisconsin Agriculture Conference
January 2006 conference information
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