Cochran Co-Sponsors Bill to Boost Agriculture Research Funding

Press Release

Date: Sept. 15, 2011
Location: Washington, DC

U.S. Senator Thad Cochran today announced that he is an original cosponsor on legislation to allow tax-exempt donations to support agricultural research as a means to help keep American agriculture on the forefront of food production breakthroughs.

The Charitable Agriculture Research Act (S.1561) is a bipartisan measure authored by Senate Agriculture Committee Chairman Debbie Stabenow (D-Mich.) and Senator John Thune (R-S.D.). Following the precedent set by medical research organizations (MROs), the legislation would amend the tax code to allow charitable, tax-exempt donations to agricultural research organizations (AROs).

"Agriculture research has made the United States the greatest nation in history in terms of sustainable food production and innovative agriculture practices. This legislation would create a new avenue beyond government-funded research to support new advances in agriculture technology," said Cochran, who is a member of the Senate Agriculture, Nutrition and Forestry Committee.

"Mississippi is an agriculture state, and its universities and colleges are proficient in agriculture research and could benefit from this legislation. In addition, overall growth in farm production spurred on by agricultural research can, in the long run, lead to greater sales and exports of goods produced in our state," he said.

AROs would be required to conduct agriculture research in conjunction with agricultural and land-grant colleges and universities, and complement existing public and private research into improving agriculture production and practices.

AROs would be similar to the federally-sanctioned MROs that are supported through private contributions from individuals or families "directly engaged in the continuous active conduct of medical research in conjunction with a hospital."

U.S. farm productivity has risen 158 percent since 1948, primarily based on improved farming practices resulting from advances in agricultural research and technology. Demands on the agricultural sector will increase with population growth and challenges posed by environmental and regulatory requirements.


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