Absolute Michigan's Michigan Blog: Farm Credit Bill Passes Michigan House

Thursday, October 13, 2005

Farm Credit Bill Passes Michigan House

AP Writer Amy F. Bailey (via the Record-Eagle) reports that legislation aimed at preserving Michigan's dwindling farmland by offering tax credits to farmers in eligible areas passed the state House 89-14 yesterday. The bill that would allow farmers to receive credits for their income tax or single business tax load if their property taxes are more than $5 an acre and now goes to the Senate.

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# posted by farlane @ 10:07 AM

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