HR 1458 · 110th Congress · Taxation

Family Farm Preservation Act of 2007

Introduced 2007-03-09· Sponsored by Rep. Pitts, Joseph R. [R-PA-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Family Farm Preservation Act of 2007 - Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of qualified farmland development rights to a tax-exempt conservation organization. Defines "qualified farmland development rights" as a restriction limiting farmland to use as a farm for farming purposes or for exclusively conservation purposes.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

2 Democrats13 Republicans
Rep. Gerlach, Jim [R-PA-6]PA
Rep. English, Phil [R-PA-3]PA
Rep. Poe, Ted [R-TX-2]TX
Rep. Kuhl, John R. "Randy", Jr. [R-NY-29]NY
Rep. Myrick, Sue Wilkins [R-NC-9]NC
Rep. Paul, Ron [R-TX-14]TX
Rep. Miller, Jeff [R-FL-1]FL
Rep. Drake, Thelma D. [R-VA-2]VA
Rep. Souder, Mark E. [R-IN-3]IN
Rep. Wolf, Frank R. [R-VA-10]VA
Rep. Allen, Thomas H. [D-ME-1]ME
Rep. Carney, Christopher P. [D-PA-10]PA
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Peterson, John E. [R-PA-5]PA
Rep. Lewis, Ron [R-KY-2]KY