Income tax; all income received by individuals, corporations, and partnerships under the Farmer Bridge Assistance Program; exempt from taxation

Summary

The bill removes state income‑tax liability on payments received from the USDA’s Farmer Bridge Assistance and Specialty Crop Farmers programs for individuals, S‑corporations and partnerships. It applies to income reported to the USDA by Dec 19 2025 (Farmer Bridge) or Mar 13 2026 (Specialty Crop) and only to the portion already included in federal taxable income. The change takes effect for tax years beginning Jan 1 2025.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share