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Articles tagged under: Section 179 conformity

Section 179 Conformity Signed into Law

Published October 22, 2020

Minnesota Governor Tim Walz has signed the bonding and tax bill. This includes conformity with the federal Section 179 expensing provision for farmers. That change is retroactive to 2018. The $1.9 billion bonding bill includes $627 million to improve roads…
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MN Ag Groups Glad for Section 179 Conformity

Published October 16, 2020

The Minnesota Legislature passed a bonding and tax bill on Thursday. Full Section 179 conformity is included in the legislation and Minnesota agricultural groups are pleased the effort is at the finish line. Minnesota Soybean Growers Association President Jamie Beyer…
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Clock is Ticking for Section 179 Conformity

Published July 28, 2020

A coalition of agriculture groups is urging the Minnesota Legislature to pass full Section 179 conformity during the next special session in mid-August. The ag groups said it is time for lawmakers to move beyond election-year politics and fix this…
Latest NewsPolicy

No Bonding Bill Means Special Session Ahead for MN

Published May 18, 2020

The Minnesota legislative session wrapped up at midnight on Sunday, May 17 with unfinished business. A bonding bill still needs to be accomplished. A special session is expected in mid-June to address the legislation. "In a democracy and the way…
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