With House Republicans expected to reveal their tax plan on Wednesday, NCBA CLUSA this week released a statement urging Congress to uphold tax policy favorable to the nation’s 40,000 cooperative businesses that support families, small businesses and farmers.
A resolution commending cooperatives as integral to sustainable economic growth is the latest effort by members of NCBA CLUSA’s Congressional Cooperative Business Caucus to spotlight the scope, impact and potential of the cooperative business model before lawmakers.
NCBA CLUSA is pleased to report that the U.S. Small Business Administration is eliminating a regulation that has blocked food cooperatives from accessing its lending programs for more than 50 years.
The Senate Agricultural Appropriations Subcommittee last week approved a $145.4 billion fiscal year (FY) 2018 Ag Appropriations Bill last week that—much like the House version—rejects most of the president’s budget proposal, including the elimination of the Rural Cooperative Development Grants (RCDG) program.
The House Agricultural Appropriations Subcommittee marked up a $144.9 billion fiscal year (FY) 2018 Ag Appropriations Bill last week that rejects the proposed elimination of many programs within the U.S. Department of Agriculture (USDA), including most of the Rural Cooperative Development Grant (RCDG) program. The bill, which the Subcommittee advanced to the full Appropriations Committee by unanimous voice vote June 29, would restore funding for RCDG, a positive sign given the current budget climate.