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How Might the Inflation Reduction Act Impact Farmers?



The I-29 Moo University 2022 Dairy Webinar Series continues Oct. 13 from noon to 1 p.m. with a focus on how the Inflation Reduction Act impacts farmers.

"The Inflation Reduction Act is a sprawling 'reconciliation' bill, coming in at 730 pages," said Fred Hall, dairy specialist with Iowa State University Extension and Outreach, in northwest Iowa. "Within that text are a number of provisions that will directly impact the agribusiness industry including revised energy tax credits, change to the relief program for at-risk farmers, among others."

The featured speaker is Mike Zahrt, leader of Foster Swift Law Group agribusiness sub-practice group. He has reviewed the Inflation Reduction Act and has identified areas that producers need to be aware of.

Zahrt is a business and estate planning lawyer in the Grand Rapids office of Foster Swift Law Office in Grand Rapids, Michigan.

Zahrt works on a variety of agricultural and cooperative law matters. This includes assisting with cooperative formation and governance, compliance with the Capper-Volstead Act, contract drafting and review, entity selection and governance for farm operations and detailed analysis of state and federal tax issues.

For more information, contact: in Iowa, Fred M. Hall, 712-737-4230; in Minnesota, Jim Salfer, 320-203-6093; or in South Dakota, Heidi Carroll, 605-688-6623.

I-29 Moo University is a consortium of extension dairy specialists from the land-grant universities in Iowa, Minnesota, Nebraska, and South Dakota. The I-29 Moo University is a multi-state learning collaboration and connects extension dairy staff with the dairy community to share research, information and management practices through workshops, webinars, e-newsletters, podcasts and on-farm tours.

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Categories: Iowa, Business, Minnesota, Business, Nebraska, Education, Government & Policy, North Dakota, Education, Government & Policy, South Dakota, Education, Government & Policy

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