March 23,2001

Grassley Announces Hearing on Preserving Family Farms, Small Businesses

Hearing: “Preserving and Protecting Main Street USA”

Date/time: Wednesday, March 28, 2001, at 10 a.m.

Location: 215 Dirksen Senate Office Building

Description: Sen. Chuck Grassley, chairman of the Committee on Finance, recognizes that familyfarms and fisheries and small businesses have special tax needs and tax burdens fardifferent from those of large corporations. The viability of these institutions iscritical to the economic well-being of thousands of communities nationwide. Thishearing will explore potential tax code changes to fortify family farms, fisheries andsmall businesses. Legislative options include elements of Grassley’s pending bill,the Tax Empowerment and Relief for Farmers and Fishermen Act (TERFF), such asfarmer savings accounts.

Witness List
John “Skip” Bright, President-Elect, Iowa Bankers Association; President, KSB Bank, Keokuk, Iowa

Joy J. Turner, President, Jeffers Business Services; Tax Chair of Region II, White House Conference

on Small Business; National Minority Business Advocate of the Year from the Small BusinessAdministration, Piscataway, N.J.

Bob Stallman, President, American Farm Bureau Federation; Executive Committee of the TexasAgriculture Summit, Columbus, Texas

Robert E. Berney, Ph.D., Chief Economist, Office of Advocacy, U.S. Small BusinessAdministration, Washington, D.C.