Colorado farmers to get tax break to donate to food banks

DURANGO, Colo. - Farmers will soon have an incentive to donate much needed produce to Colorado food banks.

Gov. John Hickenlooper will sign a bill Friday that will give farmers a tax credit for a quarter of the wholesale market price of the food. He'll hold a signing ceremony on a truck bed at Adobe House Farm in Durango with farmers, ranchers and food bank operators.

The tax credit can be used for donations of fruit and vegetables as well as dairy and meat products and big game. It's capped at $5,000.

Oregon has a similar program. Based on its experience, around 130 farms are expected to claim the credit in Colorado a year.

Print this article Back to Top