Hit Radio KSKU 95.9 HK FM Mix 96.7 KMPK 98.9 KMCP 100.5 KNZS Rocks 106 Kicks Country KXKUHutch Daily Mac Daily Rice Daily

Parson signs ag tax credit plan into law

Missouri Governor Mike Parson has signed a $40 million ag tax credit package into law.

At a ceremony Wednesday morning, Parson said the legislation will extend ag-related tax credits through 2028 to help biofuel producers, meat processors, urban farmers, and others in the industry.

“We are proud that we have secured six-year extensions for programs in key agriculture sectors,” the governor said.

Parson says he called for a special legislative session after vetoing a two-year extension to the Missouri Agriculture and Small Business Development Authority tax credits in July.

Parson signs ag tax credit plan into law