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Crop Donation Tax Credit Reinstated

Oregon Governor John Kitzhaber signed into law the reinstatement of the Crop Donation Tax Credit for farmers making donations to food banks and other hunger relief organizations.  The bill reinstates and increases the previous 10 percent crop donation tax credit, which expired in 2011, to provide to farmers a new 15 percent tax credit on the wholesale price of their donation.  Oregon Farm Bureau government affairs associate Ian Tolleson says the credit is especially important for smaller family arm operations.  52nd District Representative Mark Johnson says the donation tax credit will benefit the fruit industry and make surplus produce available to children and residents across the state.

 

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