U.S. Congress - H.R.173 To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax.
H.R.173 - To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax.
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- Official: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. as introduced.
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Official Summary
1/6/2009--Introduced.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 farmland after the decedent's death or who ceases toOfficial Summary
1/6/2009--Introduced.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 farmland after the decedent's death or who ceases to use it for farming purposes....Read the Rest
Organizations Supporting H.R.173
- Rocky Mountain Farmers Union
Organizations Opposing H.R.173
- None via MapLight at this time.
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