DES MOINES, Iowa (KCRG) – Iowa Secretary of Agriculture Mike Naig announced Tuesday the Iowa Farm Act, a legislative plan to support Iowa farmers and rural communities. “The Iowa Farm Act is about meeting today’s challenges while preparing for the future. It brings together ideas we have heard directly from farmers, agribusinesses, and rural communities across the state,” said Secretary Naig.

Key Provisions of the Iowa Farm Act:

Tax Relief:

• Expands retired farmer rental income tax exemption to partnerships, S corporations, trusts and estates.
• Eliminates grain excise tax for cooperatives and grain handlers.
• Exempts honeybee purchases from sales tax.
• Exempts above-ground storage tanks under 91,000 gallons from property tax.

Transportation & Logistics:

• Modernizes agricultural equipment transportation standards for improved safety.
• Increases truck weight allowances for dairy products to reduce hauling costs.

Biosecurity and Protecting Producers:

• Protects producer confidentiality during disease outbreaks to encourage early reporting.
• Authorizes the Department to store disease response equipment.

Modernizing Department Functions and Improving Government Efficiency:

• Streamlines Iowa Code by eliminating outdated language and reducing duplication.
• Provides flexibility in large-scale inspections with alternative methods.
• Clarifies Grain Indemnity Fund updates.
• Expands marketing opportunities for Iowa-made agricultural products.

Naig is also requesting a $1.335 million budget increase to maintain essential operations in animal health, food safety, consumer protection, and water quality initiatives as part of the Department’s FY27 proposal.

Ag leaders across the state say they are thankful for Naig’s efforts in strengthening Iowa’s farming community.