Save the Family Farm and Ranch Act of 2007
To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax.
Other Bill Titles (2 more) 4/18/2007--Introduced.
Save the Family Farm and Ranch Act of 2007 - Amends the Internal Revenue Code to exclude from the gross estate of a decedent the value of farmland used by an heir of the decedent for farming purposes. Imposes a recapture tax on an heir who disposes of such farmla... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 18, 2007 |
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Blog Coverage
March 08, 2008 Let The Games Begin!
HR 1929 and S 1994 introduced by the Salazar brothers of Colorado would exclude farms from estate taxes as long as the farms remain farms. This is my home state and personally I think these two need to recognize that only about 1% of ...
Source: Ed Hinerman On Life Insurance








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