Missouri Senate Works On Ag Credits

The Missouri Senate plans to work today on a proposed extension of some farm tax credits. They are intended to help meat processors, biofuel producers, and urban farms in the industry. The credits would be extended through 2028 instead of only two years. State Representative Brad Pollitt of Sedalia is the sponsor of the 40-million-dollar plan…

Under the proposal, Missouri gas stations selling a 15-percent blend of corn-based ethanol would get a five-cents-per-gallon credit annually, with the maximum annual credit of five-million dollars.