Dear Friend,

In this week's roundup: My Crop Insurance for Future Farmers Act, Germany's unfair tax on American businesses, and meeting with 4th District high school students. That and more – remember to follow my Facebook page by clicking here and my Twitter page by clicking here to stay up-to-date throughout the week!

DELIVERING CROP INSURANCE PROTECTIONS FOR OUR NEW, BEGINNING, AND VETERAN PRODUCERS

In my conversations with Iowa farmers and producers on my Feenstra Agriculture Tour and my discussions with my 60-member Agriculture Advisory Board, I have repeatedly heard that a robust crop insurance program is the top priority for our agriculture community in this year’s Farm Bill. These same producers are extremely concerned – as am I – that our young farmers face major hurdles to succeed in today’s bleak economy.

Serving as Iowa’s voice on the House Agriculture Committee and the House Ways and Means Committee, I am proud to introduce my Crop Insurance for Future Farmers Act that extends vital crop and livestock insurance protections to new, beginning, and veteran farmers to lower their insurance payments for their first ten years in business.

Bill would grow beginner crop insurance

WASHINGTON, D.C.-Young farmers would get a boost from a bipartisan proposal by U.S. Rep. Randy Feenstra (R-Iowa) as generational turnover looms in the agriculture industry.

Read more
www.nwestiowa.com

HOLDING GERMANY ACCOUNTABLE FOR ITS UNFAIR TAXES AGAINST AMERICAN BUSINESSES

Last week, I led a letter with seven of my colleagues on the House Ways and Means Committee to Treasury Secretary Janet Yellen raising our concerns about a 100-year-old tax that Germany is imposing on American companies.

This is the latest in a series of discriminatory taxes against U.S. businesses.

Read more about my work on this issue in my op-ed for Bloomberg Tax below.

Germany's IP Tax Law Uses American Businesses as a Piggy ...

A new tax dispute with Germany over intellectual property royalties is the latest in a series of discriminatory taxes against US companies, says Rep. Randy Feenstra (R-Iowa).

Read more
news.bloombergtax.com

MEETING WITH HIGH SCHOOL STUDENTS FROM THE 4TH DISTRICT

I had a great time chatting with high school students from 4th District who are visiting our nation’s capital as part of the Iowa Association of Electric Cooperatives' Youth Tour.

I am constantly inspired by the young people who will be our nation’s next leaders and trailblazers.

REPEALING PRESIDENT BIDEN'S MORTGAGE FEE HIKE ON IOWA FAMILIES

Iowa taxpayers who have strong credit scores should not be punished for their financial responsibility. However, that is exactly what President Biden is doing with his wealth redistribution plan for home mortgages.

In our Commitment to America, House Republicans promised that we would protect our families from burdensome government overreach and the Biden Administration’s tax-and-spend agenda. I am proud to uphold that commitment by passing the Middle Class Borrower Protection Act, which will defend responsible Iowa taxpayers from President Biden’s mortgage fee hike as our families struggle from the effects of inflation spurred by wasteful government spending.

Biden's 'socialist' mortgage plan reversed by GOP bill

The House of Representatives passed a bill on Friday reversing President Biden's controversial mortgage plan.

Read more
www.foxbusiness.com

SPEAKING AT THE GLOBAL COLD CHAIN POLICY FORUM

This week, I spoke at the Global Cold Chain Alliance's Global Cold Chain Policy Forum about my work on the House Ways and Means Committee and the House Agriculture Committee to open new export markets for Iowa producers.

We also talked about legislation that I am working on to address the lack of cold chain storage in our supply chains.

HOMEGROWN AMERICAN ETHANOL PROMOTES ECONOMIC AND ENERGY SECURITY

American fuel retailers, corn growers, ethanol producers, and our families face unnecessary uncertainty year after year awaiting the EPA’s arbitrary, last-minute waivers to allow for the summertime sale of E-15 at gas stations nationwide. This unpredictability raises gas prices for American families, prevents fuel retailers from consistently marketing low-cost, low-carbon E-15, and threatens the livelihoods of corn growers and ethanol producers, not only in Iowa but across the Midwest.

As is the case with many challenges facing our nation, it is incumbent upon Congress to end this waiver confusion and finally make E-15 available at the gas pump 365 days a year — permanently. This permanency would grant our families, businesses, and consumers more choices at the pump. Fortunately, we have the exact policies in our legislative pipeline to achieve this goal and support homegrown American ethanol production.

Read more in my op-ed for the Ethanol Producer Magazine below!

Homegrown American Ethanol Promotes Economic and Energy...

The Consumer and Fuel Retailer Choice Act of 2023 aims to allow year-round sales of E15 nationwide.

Read more
ethanolproducer.com

TALKING PRECISION AGRICULTURE ON THE HOUSE AGRICULTURE COMMITTEE

Earlier this week, during a House Agriculture Committee hearing, I noted that precision agriculture equipment remains an important investment for Iowa producers.

That's why I introduced the Precision Agriculture Loan Program Act to provide our farming community with low-interest loans to purchase precision agriculture tools.

Rep. Randy Feenstra discusses his Precision Agriculture Loan Program Act

ONE LAST THING: WELCOMING THE 2023 CONGRESSIONAL ART COMPETITION WINNER TO MY OFFICE!

I enjoyed welcoming Cathryn Houge, who is from Estherville, and her parents to my office to congratulate her for winning this year's Congressional Art Competition.

I am proud that her artwork — "Sunset on a Dream" — is displayed in the halls of Congress representing Iowa's 4th Congressional District.

MY WEEKLY COLUMN: SUPPORTING THE NEXT GENERATION OF IOWA FARMERS AND PRODUCERS

From droughts and derechos to record inflation and rising interest rates, crop insurance is a vital safety net for Iowa farmers and producers.

That’s why – serving on the House Agriculture Committee and the House Ways and Means Committee – I introduced my Crop Insurance for Future Farmers Act. This commonsense legislation extends vital crop and livestock insurance protections to new, beginning, and veteran farmers to lower their insurance payments for their first ten years in business.

I am confident that this investment in the next generation of producers will pay dividends for our economic vitality, grow our rural communities, and keep Iowa farmland where it rightfully belongs – in the hands of Iowa farmers.