At some point, all our members will deal with the transfer of ownership or transfer of stock, regardless of the organization’s size. In both Iowa and Nebraska, there is a state law that outlines the process to transfer ownership/stock to the buying individual or entity. This process involves the manufacturer or manufacturers, as the new...…
The session ended on May 15, 2025, after extending 13 days beyond the scheduled adjournment due to unresolved issues like eminent domain legislation, property tax reform, and state spending priorities. Republicans maintained a trifecta in Iowa’s government, with leadership changes in the House Minority Leader position. Below are some of the highlights of the 2025...…
On May 22 and 29, INEDA hosted Regional Meetings in Grand Island, NE, and Ankeny, IA. We had very good participation and attendance at both meetings. This year’s workshop focused on economic factors affecting the market, including market forecasts and tax situations, including tariffs and how they will impact dealers, along with risk management in...…
Nebraska’s Legislative Session Adjourned on June 2 I couldn’t help but think of a popular song from the 1990s as the Nebraska Legislative Session was drawing to a close. The chorus of Closing Time, by Semisonic, states, “You don’t have to go home, but you can’t stay here.” That’s where I think most Senators, staff...…
Fiscal 24 has been the worst period of profitability for Iowa farmers in 10 years, causing further problems in the manufacturing sectors and creating a $1.5 billion market loss. Over the last several months, the Iowa agriculture economy has seen a tremendous downturn. Thousands of workers have been laid off at various manufacturing plants around the country....…
‘We’re in a special session, we should do something special.’ — State Sen. Justin Wayne LINCOLN — Like a phoenix from the ashes, term-limited Nebraska lawmakers made what could be their last ask Thursday to revive more substantial property tax relief plans before their time in the Legislature ends. State Sen. Justin Wayne of Omaha, seated,...…
There was not a lot of legislation that happened this session that affected equipment dealers, which is usually a good thing. Most of the time for the house and senate was spent on the governor’s agenda that she unveiled at her condition of the state address in January. The focus was on higher salaries for...…
NEBRASKA — On June 17, members from across Nebraska met in York at the York Country Club. Tim Keigher with Keigher and Associates gave a recap of the 2024 Legislative Session and previewed the rumored Special Session on tax reform. The INEDA Legislative Committee for Nebraska with the assistance and insights of Keigher and myself...…
In my travels over the past few months there is a common theme among dealers—they have too much inventory. Over the past three plus years, dealers have gone from inventory shortages to surpluses of inventory. Dealers have had orders placed with manufacturers for two years that have not been fulfilled until now. That means that...…
Advocacy Thank you for all of your efforts this year with the 2024 session! LB 1308 would have reinstated the tax on ag repair and replacement parts in Nebraska. However, due to the work of members and staff and the support of key Senators, that bill was not included in the final version that was...…
Many of us grew up with machines that bring back (fond or maybe not so fond) memories. I grew up on a farm in western Nebraska where we had both farm and construction equipment. We needed the construction equipment to transform one of our farms to accommodate another innovation in 1981 – center pivot irrigation....…
As I walked around our show in Lincoln this past December, and then again at our show in Des Moines the end of January this year, I couldn’t help but notice all the innovation there is in agriculture. The one product that seems to be gaining the most traction in farming practices over the past...…
As we turn the page from one season (football, harvest, road construction) to another (basketball/wrestling, tax, winter), the conversations at the coffee shop and around the break room table will change as well. A few things are always topics though like the weather. But I think what all of us want to know is, “Are...…
It is that time of the year again where we see our insurance agent come into our store just a few days or the day before our insurance renews for the next year, they sit down at your desk, ask you to sign for renewal for the next year, they may tell you a little...…
FORE! For those of you who participate in the exciting (and humbling) game of golf, if you haven’t heard this yelled—or yelled it yourself—you would be in the minority. “FORE!” is shorthand for, “You are about to get hit with a flying projectile that I can’t believe came off of the end of my club....…
Yesterday, Case IH and New Holland signed a Right to Repair Memorandum of Understanding (MOU) with American Farm Bureau Federation (AFBF). AFBF and John Deere signed a Right to Repair MOU in January. As a result of this announcement, farmers and ranchers will continue to have access to Case IH and New Holland brand manuals,...…
One of your company vehicles is involved in an accident resulting in multiple deaths of a well-respected family from your community and causing significant reputational damage to your company. Don’t you want to have hard evidence showing that your driver is not at fault? In most cases involving accidents with a commercial motor vehicle, law...…
The Iowa-Nebraska Equipment Dealers (INEDA) congratulates the work done by Farm Bureau and especially the leadership of Nebraska Farm Bureau President, Mark McHargue on the newly signed Memorandum of Understanding (MOU) between American Farm Bureau Federation (AFBF) and John Deere. The MOU is a formal acknowledgment of the work that has been and is being...…
As I sit down to write this article and begin to realize it will most likely be the last time I get to have a conversation with you—dealer members who became my work family for the past 25 years—I feel like I should reflect and see if there was something of great importance that should...…
Our daily routines limit us when it comes to seeing, planning, and adapting for the future. I experience this when managing the Iowa Ag Expo and Nebraska Ag Expo. Year after year, I follow the same process for prospecting for new exhibitors, mapping floor plans, assigning booths, sending booth contracts, and arranging speakers. My daily...…
