The broad spending and tax legislation compromise unveiled by House Republicans Tuesday night includes some riders important to agriculture.

Perhaps the most important, the bill repeals mandatory country-of-origin labeling (COOL) for meat to prevent more than $1 billion in trade sanctions from Mexico and Canada approved last week by the WTO. “I’m pleased American agriculture and businesses will escape these tariffs,” said Senate Agriculture Committee chair Pat Roberts (R-KS). “House Agriculture Committee Chairman Conaway swiftly led the House to approve repeal, and now I hope the Senate can pass this legislation in time to avoid devastating tariffs. With passage, American farmers, ranchers and small businesses will finally get the certainty they deserve from unnecessary trade retaliation.”

According to House Speaker Paul Ryan (R-WI), the bill also blocks EPA overreach. “The bill contains no funding for new or expanded EPA programs, holding the agency to its lowest funding levels since 2008 and its lowest staffing levels since 1989.”

One provision that did not make it into the omnibus bill was anything pertaining to a federal labeling law to prevent states from requiring special labels for foods containing genetically modified crops. “The failure of Congress to act will result in enormous costs to the agriculture and food industry who work tirelessly to feed a growing world population,” said the Coalition for Safe Affordable Food in a statement. “A patchwork of state labeling laws will prove costly and confusing for consumers.”

The tax incentive extenders package, called the Protecting Americans from Tax Hikes (PATH) Act of 2015, also has provisions in it favorable for agriculture, including a permanent extension of the Section 179 provision and a five year extension of the bonus depreciation through 2019. “The Section 179 and bonus depreciation provisions are a big deal for soybean farmers because they encourage investment in our operations in the form of new equipment, infrastructure and other capital improvements,” said American Soybean Association president Richard Wilkins.

The PATH act also includes federal tax incentive extensions for advanced biofuels, biodiesel, wind and solar. Congress is expected to vote on the legislation by Friday.