In addition to the tax provisions in the bill, which are very important for our farmers and ranchers, this bill significantly improves the core safety net and risk management tools by increasing reference prices and improving crop insurance. It Expands flexibility for family farms to reinvest in equipment inputs and Labor. It renews 100% expensing for capital purchases so producers can write off the cost of new machinery, infrastructure improvements or production facilities right away. (04:58–05:04)
CLAIM
Asserts that the bill expands flexibility for family farms to reinvest in equipment inputs and labor.
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