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Tax Credit Act Proposed for Ag Firms

2:22 PM MDT | July 30, 2007 | Chemical Week Editorial Staff

Senators Ben Nelson (D., NE) and Pat Roberts (R., KS) have introduced the Agricultural Business Security Tax Credit Act, a bill that would establish a tax credit to help agriculture firms offset costs of onsite security upgrades. Under the act, businesses would be able to receive a tax credit of up to $100,000/site, with an overall cap of $2 million/year for security...

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