Family Farmer and Rancher Tax Fairness Act of 2022

1/13/2023, 5:16 AM

Family Farmer and Rancher Tax Fairness Act of 2022

This bill excludes from the gross income of certain farmers, ranchers, and forest land owners who are at financial risk payments for debt relief and for remedying past discrimination against such individuals.

Congress
117
Number
S - 5224
Introduced on
2022-12-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

12/8/2022
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Family Farmer and Rancher Tax Fairness Act of 2022

This bill excludes from the gross income of certain farmers, ranchers, and forest land owners who are at financial risk payments for debt relief and for remedying past discrimination against such individuals.

Alternative Names
Official Title as IntroducedA bill to exclude from gross income certain assistance provided to farmers, and for other purposes.
Policy Areas
Taxation

Comments

Related

Bill Update Alert:  Inflation Reduction Act of 2022

Recent Activity

Latest Summary1/10/2023

Family Farmer and Rancher Tax Fairness Act of 2022

This bill excludes from the gross income of certain farmers, ranchers, and forest land owners who are at financial risk payments for debt relief and for remedying past d...

Latest Action12/8/2022
Read twice and referred to the Committee on Finance.