MAGEE - legislation expands Farmers’ School Tax Credit

Magee’s legislation expands Farmers’ School Tax Credit

Assemblyman Bill Magee (D-Nelson) announced that legislation he sponsored to ensure more farms are eligible for critical property tax relief has passed both the Assembly and the Senate.

Magee’s legislation allows family members who operate farms held in trust to qualify for the Farmers’ School Tax Credit – a refundable credit for farming businesses that have paid school district property taxes (A.4650).

See Full Story at:   MADISON COURIER   http://madisoncountycourier.com/?p=81969