Beneficial farmland legislation called into question in South
A study by Dr. John Stoll of the Texas Agricultural Experiment Station and the Southern Rural Development Center reviews differential assessment legislation DAL in 13 Southern states. DAL aims to cut taxes on eligible agricultural land and slow conversion to non agricultural uses but results show limited success and are sensitive to landowners choices. Non economic factors, including demography and lifestyle, strongly influence decisions to sell or keep farmland for retirement or development.
MENTIONED IN THIS ARTICLE
South
John Stoll
Texas Agricultural Experiment Station
TAES
Southern Rural Development Center
Stoll
Alabama
Arkansas
Florida
Kentucky
Louisiana
Mississippi
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
West Virginia
Georgia
DAL
1985 as watershed year for U.S. farm policy shifts
An economist argues 1985 could mark a watershed in U.S. farm policy if costs are cut decisively. Knutson outlines two main options to lower costs: cut deficiency payments by trimming target prices or impose production controls, with voluntary or mandatory elements debated.
MENTIONED IN THIS ARTICLE
Ronald D. Knutson
Texas Agricultural Extension Service
Texas A&m University System
Knutson
U.S
Texas
The
Extension Service
Midwest
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