How might the Inflation Reduction Act impact farmers?

ISU Extension and Outreach
September 22, 2022

By Fred M. Hall, Iowa State University Extension and Outreach

Mike Zahrt, leader of Foster Swift Law Group’s agribusiness sub-practice group.

ORANGE CITY, Iowa – The I-29 Moo University Dairy Webinar Series continues Thursday, Oct. 13, from noon to 1 p.m. with a focus on how the Inflation Reduction Act impacts farmers.

“The Inflation Reduction Act is a sprawling reconciliation bill, coming in at 730 pages,” said Fred Hall, dairy specialist with Iowa State University Extension and Outreach, in northwest Iowa. “Within that text are a number of provisions that will directly impact the agribusiness industry including revised energy tax credits, change to the relief program for at-risk farmers, among others.”

The featured speaker is Mike Zahrt, leader of Foster Swift Law Group agribusiness sub-practice group. He has reviewed the Inflation Reduction Act and has identified areas that producers need to be aware of.

Zahrt is a business and estate planning lawyer in the Grand Rapids office of Foster Swift Law Office in Grand Rapids, Michigan.

Zahrt works on a variety of agricultural and cooperative law matters. This includes assisting with cooperative formation and governance, compliance with the Capper-Volstead Act, contract drafting and review, entity selection and governance for farm operations, and detailed analysis of state and federal tax issues.

Dairy producers and allied industry reps are invited to join the webinarThere is no fee, but participants must register at least one hour before the webinar at: https://go.iastate.edu/6EVJBU

For more information, contact: in Iowa, Fred M. Hall, 712-737-4230; in Minnesota, Jim Salfer, 320-203-6093; or in South Dakota, Heidi Carroll, 605-688-6623.