The new limitations in the deduction for passive 

 activity losses apply only to individuals, estates, 

 trusts, closely held C. corporations, and personal 

 service corporations. The limitations do not apply to 

 Subchapter S. corporations. 



Option #9 



Refocus agricultural research to better meet 



the needs of Montana's farmers and ranchers, ? 



as follows: 



(A) Redirect university agricultural research and 

 extension services to the primary purposes of 

 increasing net farm income, reducing the 

 overall production costs of farming, promoting 

 sound agricultural resource management, » 

 expanding demand for farm products, and 

 developing new agricultural markets. 



(B) Require the Montana Agricultural Experiment 

 Station to accelerate research on the 

 development of a sawfly resistant, solid stem 

 wheat and to make wheat research a top 

 program priority. 



Explanation ^ 



This option is based upon concerns regarding 

 program priorities and direction within the 

 state-supported university agricultural research and 

 extension agencies. The mission of the state's land 

 grant college-based research and extension system has 

 long been the development and dissemination of new 

 knowledge and information to improve agriculture in 



I 



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