HR 1929 · 110th Congress · Taxation

Save the Family Farm and Ranch Act of 2007

Introduced 2007-04-18· Sponsored by Rep. Salazar, John T. [D-CO-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-04-18)

Plain Language Summary

[AI summary unavailable — showing source text] 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 farmland after the decedent's death or who ceases to use it for farming purposes.…

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

Cosponsors (20)

15 Democrats5 Republicans
Rep. Mahoney, Tim [D-FL-16]FL
Rep. Hill, Baron P. [D-IN-9]IN
Rep. Boyda, Nancy E. [D-KS-2]KS
Rep. Everett, Terry [R-AL-2]AL
Rep. Cubin, Barbara [R-WY-At Large]WY
Rep. Peterson, Collin C. [D-MN-7]MN
Rep. Davis, Lincoln [D-TN-4]TN
Rep. Boswell, Leonard L. [D-IA-3]IA
Rep. Donnelly, Joe [D-IN-2]IN
Rep. Perlmutter, Ed [D-CO-7]CO
Rep. Kagen, Steve [D-WI-8]WI
Rep. Musgrave, Marilyn N. [R-CO-4]CO
Rep. Simpson, Michael K. [R-ID-2]ID
Rep. Ellsworth, Brad [D-IN-8]IN
Rep. Bishop, Sanford D., Jr. [D-GA-2]GA
Rep. Lampson, Nick [D-TX-22]TX
Rep. Paul, Ron [R-TX-14]TX
Rep. Miller, Brad [D-NC-13]NC
Rep. Childers, Travis [D-MS-1]MS
Rep. Rodriguez, Ciro D. [D-TX-23]TX