NCBA CLUSA urges Congress to uphold tax policy that supports cooperatives

This week’s tax plan could jeopardize a tax break that benefits farm cooperatives.

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.

Polis resolution commends co-ops as key to sustainable economic growth

There are 86 co-ops in Rep. Polis’ district—Colorado’s 2nd—ranging from solar power technology to preschool. [photo courtesy AP]

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.

Food cooperatives now eligible for Small Business Administration loans

While some cooperatives reach Fortune 500 status, most are small businesses that rely on debt financing more than investor-owned firms.

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.

Senate FY18 Ag Appropriations bill recommends level RCDG funding

The Senate’s FY18 Ag Appropriations bill recommends continued funding for programs vital to the economic growth of rural America.

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.

House FY18 Ag Appropriations Bill preserves RCDG funding at reduced level

The House bill rejects President Trump’s call to eliminate USDA Rural Business and Cooperative Service.

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.

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Sun Feb 18 23:19:02 +0000 2018

#Budget2019 proposes cuts to critical foreign assistance programs - We join @InterActionOrg in saying we need to… https://t.co/zkNy7xwc2U
Sun Feb 18 21:56:09 +0000 2018

This brings CoBank's investment to over $50 million - that's real #CoopIMPACT https://t.co/h9liyM1HXC https://t.co/S9VuHPDZf1
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#CCMA2018 registration is open! Are you a consumer co-op? Learn more about building strong co-ops with this year's… https://t.co/sseYk62nND

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