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Articles tagged with tax legislation

President Obama Signs Omnibus Spending and Tax Legislation

December 23, 2015

On Dec. 18, President Obama signed into law an omnibus appropriations bill and a package of tax provisions, both of which include items of significant interest and impact to farmers and the agricultural industry. Below is a summary of the two laws. The House of Representatives passed the tax package by a vote of 318-108 and the Omnibus Appropriations bill by a vote of 316-113; the Senate approved the package together with a vote of 65-33.

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