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H.R.1929

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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

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IntroducedresultVoted on by HouseresultVoted on by SenateresultConsidered By PresidentresultBill Becomes Law
April 18, 2007
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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 ...

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Source: Ed Hinerman On Life Insurance


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