Senators Introduce Bill to Give Agribusiness Tax Breaks for Perimeter Security
Sen. Pat Roberts (R-Kan) and Sen. Ben Nelson (D-NE) have introduced legislation to improve security measures at sites where agricultural chemicals are stored, and offer those in the agribusiness community tax credits for doing so. The bill, also known as the Agricultural Business Security Tax Credit Act of 2005, would provide tax credits on the amount paid to implement security measures at agricultural facilities where pesticides and fertilizers are stored.
Authorized would be up to $100,000 per facility in tax credits for expenditures such as protection of perimeters including lights, cameras and intrusion detection sensors.
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