“In our opinion, Connecticut farmers would benefit significantly by raising the personal property tax exemption for farm machinery from $100,000 to $500,000 indexed annually,” Larson states.

The bill was introduced in February 2022 and would not exempt farmers from the carbon price for activities performed off-site. It will now be debated in the Senate.

Farmers have struggled to navigate the complex web of companies offering to help them sell carbon credits, and have been confused by the number of different standards that exist for measuring carbon.

And farmers aren’t always getting the exemptions they were promised. Big farms have accounting staffs to track complex supply chains. Smaller family farms don’t have that regulatory expertise.

NASHVILLE, Tenn. (WTVF) — Help is here for the people we rely on to grow our food. Farmers can now buy more things they need tax-free. Agriculture is Tennessee's number one industry, but it has ...