WEEK 10: 2019 LEGISLATIVE SESSION
STATE NEWS
LEGISLATIVE TRACKING
HF699 / SF555 : Weight Limits on Equipment - Moves all self-propelled implements applying plant food, agricultural limestone, or ag chemicals to the category of "implement of husbandry." Maximum of 25,000 lbs. and specifically stating that equipment must still meet posted limits on bridges/overpasses (allowing for permits to pass on weight capped roads/bridges): FOR: SF555 Heads to the House, after passing the Senate vote 49-0.

HF647 / SF444 : Beginning Farmer Credit - Establishes a new Beginning Farmer Tax Credit program replacing Agricultural Assets Transfer Credit. Also allows farmers with ag assets a tax credit for assisting beginning farmers. Caps the credit at $50,000/year per farmer. Expands replacement program from $6 million to $12 million: FOR

HF725 / SF473 : Electric Vehicle Taxes - Provides registration taxes and tax at charging stations equivalent to average road use taxes paid through fuel consumption (per the DOT: the average motorist pays $150/year): MONITORING

HSB204 / SSB1193 : Empower Rural Iowa - Creates incentives for broadband and workforce housing. Amendments were discussed including adding a broadband base speed and making the bill withstand the test of time/future: FOR

Farmer members may be interested to know...
SF220 : Section 179 Expensing - Expands Section 179 expensing for individual state income tax to include corporations, financial institutions, LLCs, and partnerships up to $70,000 in 2018 ($100,000 in 2019). Also provides a minimum $280,000 deduction and investment limitation. Retroactive to January 2018 and signed by Governor Reynolds into law.

Find your state legislators HERE .

Picture below: Subcommittee meeting with Jake Swanson (seated, far right), Liaison for IDALS. Legislators pictured, also seated L to R: Rep. Chuck Isenhart, Rep. David Sieck, and Rep. Louie Zumbach.
FEDERAL NEWS
TRUMP ON MUELLER's REPORT

Reach Federal Legislators HERE about Pension Plan Premiums
This legislation would stop Pension Benefit Guaranty Corporation (PBGC) from grossly overcharging charity and not-for-profit rural cooperative defined-benefit pension plans. 
Want to reach your federal legislators?
D.C. office numbers below: 
Sen. Chuck Grassley: 202-224-4120
Sen. Joni Ernst: 202-224-3254
Rep. Abby Finkenauer: 202-225-2911
Rep. Dave Loebsack: 202-225-6576
Rep. Cindy Ax ne: 202-225-5476
Rep. Steve King: 202-225-4426
STAY CONNECTED WITH IIC THROUGH SOCIAL MEDIA
Katie P. Hall
Director of Government Affairs
khall@iowainstitute.coop
O: 515-292-2667
C: 712-269-9838