Tax Bill Loophole- Cooperatives

[tralfamadorian]

https://www.bloomberg.com/news/articles/2018-03-06/rich-professionals-can-exploit-tax-break-for-farms-small-firms

From my reading of the article, it appears that unless Congress is able to push through an update to the bill, co-ops will be able to take a 20% deduction on gross income instead of net.

I’ve read other articles referencing this regarding farmers selling to co-ops but not in the wider application discussed above.

Anyone heard anything about this? Have any thoughts?