H.R.173 - To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax.view all titles (1)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
- Today: 1
- Past Seven Days: 5
- All-Time: 4,246
Official SummaryAmends 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.
Organizations Supporting H.R.173
- Rocky Mountain Farmers Union
Organizations Opposing H.R.173
- None via MapLight at this time.