· IN legislature · 2025

Retiring farmers tax credit.

Provides an adjusted gross income tax credit for retired farmers who sell or lease farmland or sell livestock to a qualified beginning farmer. Defines "qualified beginning farmer" and "farmland" for purposes of the credit. Allows a taxpayer to apply to the Indiana state department of agriculture (ISDA) for approval…

Sponsor

Kendell Culp (R-IN)

Introduced

2025-01-08

Policy area

Agriculture and Food

Latest action

Representative Criswell added as coauthor