NFB Reaction To House Passage of Major Tax Reform

In a news release from Nebraska Farm Bureau President Steve Nelson: 

“We appreciate the work of the U.S. House of Representatives to advance the first major piece of tax code reform in more than 30 years. Passage of the Tax Cuts and Jobs Act (H.R. 1) moves us closer to establishing a federal tax code that works for Nebraska’s farm and ranch families.”

“From the beginning, we’ve pushed for lower tax rates, and the preservation of many important tax provisions that assist small businesses, like farms and ranches. This bill does that.”

“We thank Congressman Jeff Fortenberry, Congressman Don Bacon, and Congressman Adrian Smith for their support of this important first step to major tax reform. We especially want to thank Congressman Smith for his work in the House Ways and Means Committee which has been working on these needed reforms for many years.”

“It’s our hope the Senate will put aside political differences, and follow suit to advance legislation that reflects many of the key provisions included in the House bill.”


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