SB 641 - This act creates an income tax deduction for payments received as part of a program that compensates agricultural producers who have suffered a loss due to disaster or emergency. The deduction will be available for all tax years beginning on or after January 1, 2014.

This act is identical to SCS/SB 374 (2015) and similar to HB 771 (2015). This act is similar to a provision in HCS/SCS/SB 131 (2015) and HCS/SB 500 (2015).


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