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Family Farmer and Rancher Tax Fairness Act of 2023

12/15/2023, 4:01 PM

Congressional Summary of HR 5341

Family Farmer and Rancher Tax Fairness Act of 2023

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.

Current Status of Bill HR 5341

Bill HR 5341 is currently in the status of Bill Introduced since September 5, 2023. Bill HR 5341 was introduced during Congress 118 and was introduced to the House on September 5, 2023.  Bill HR 5341's most recent activity was Referred to the House Committee on Ways and Means. as of September 5, 2023

Bipartisan Support of Bill HR 5341

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5341

Primary Policy Focus

Taxation

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