House Bill 237 - Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.

Purpose and Summary

Chamber: House

Introduced date: 2023-03-21

Recent Activity

Sponsor introductory remarks on measure. (CR H1332)

Alternative Names

Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.

Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.

Associated Legislation

Policy Areas

Taxation

Potential Impact

Capital gains tax

Farmland

Small business

Tax administration and collection, taxpayers

Sponsors and Supporters

Rep. Mann, Tracey [R-KS-1]

Cosponsors and Supporters

Rep. Costa, Jim [D-CA-21]

Rep. Latta, Robert E. [R-OH-5]

Rep. Craig, Angie [D-MN-2]

Rep. Smith, Adrian [R-NE-3]

Rep. Panetta, Jimmy [D-CA-19]

Rep. Stefanik, Elise M. [R-NY-21]

Rep. Thompson, Glenn [R-PA-15]

Rep. Steel, Michelle [R-CA-45]

Rep. Kustoff, David [R-TN-8]

Rep. Carey, Mike [R-OH-15]

Rep. Feenstra, Randy [R-IA-4]

Rep. Murphy, Gregory [R-NC-3]

Rep. Ferguson, A. Drew, IV [R-GA-3]

Rep. Tenney, Claudia [R-NY-24]

Rep. Moore, Blake D. [R-UT-1]

Rep. Johnson, Mike [R-LA-4]

Rep. McClain, Lisa C. [R-MI-9]

Rep. Crawford, Eric A. "Rick" [R-AR-1]

Rep. Wittman, Robert J. [R-VA-1]

Rep. Miller-Meeks, Mariannette [R-IA-1]

Rep. Norman, Ralph [R-SC-5]

Rep. Steube, W. Gregory [R-FL-17]

Rep. Moolenaar, John R. [R-MI-2]

Rep. Moore, Barry [R-AL-2]

Rep. Miller, Max L. [R-OH-7]

Rep. LaTurner, Jake [R-KS-2]

Rep. Newhouse, Dan [R-WA-4]

Rep. Miller, Carol D. [R-WV-1]

Rep. Scott, Austin [R-GA-8]

Rep. Ellzey, Jake [R-TX-6]

Rep. Miller, Mary E. [R-IL-15]

Rep. Higgins, Clay [R-LA-3]

Rep. Bergman, Jack [R-MI-1]

Rep. Finstad, Brad [R-MN-1]

Rep. Alford, Mark [R-MO-4]

Rep. Harshbarger, Diana [R-TN-1]

Rep. Fischbach, Michelle [R-MN-7]

Rep. Reschenthaler, Guy [R-PA-14]

Rep. Guest, Michael [R-MS-3]

Rep. Franklin, C. Scott [R-FL-18]

Rep. LaHood, Darin [R-IL-16]

Rep. Johnson, Dusty [R-SD-At Large]

Rep. Hinson, Ashley [R-IA-2]

Rep. Rosendale Sr., Matthew M. [R-MT-2]

Rep. LaMalfa, Doug [R-CA-1]

Rep. Davidson, Warren [R-OH-8]

Rep. Duarte, John S. [R-CA-13]

Rep. Cammack, Kat [R-FL-3]

Rep. Jackson, Ronny [R-TX-13]

Rep. Kelly, Trent [R-MS-1]

Rep. Duncan, Jeff [R-SC-3]

Rep. Spartz, Victoria [R-IN-5]

Rep. Meuser, Daniel [R-PA-9]

Rep. Wagner, Ann [R-MO-2]

Rep. Bucshon, Larry [R-IN-8]

Rep. Nunn, Zachary [R-IA-3]

Rep. Bacon, Don [R-NE-2]

Rep. Sessions, Pete [R-TX-17]

Rep. Lucas, Frank D. [R-OK-3]

Rep. Fry, Russell [R-SC-7]

Rep. Baird, James R. [R-IN-4]

Rep. Jackson Lee, Sheila [D-TX-18]

Rep. Green, Mark E. [R-TN-7]

Rep. Bice, Stephanie I. [R-OK-5]

Rep. DesJarlais, Scott [R-TN-4]

Rep. Johnson, Bill [R-OH-6]

Rep. Wenstrup, Brad R. [R-OH-2]

Rep. Balderson, Troy [R-OH-12]

Rep. Bost, Mike [R-IL-12]

Rep. Cline, Ben [R-VA-6]

Rep. Good, Bob [R-VA-5]

Rep. Lawler, Michael [R-NY-17]

Rep. Fulcher, Russ [R-ID-1]

Rep. Rose, John W. [R-TN-6]

Rep. Cloud, Michael [R-TX-27]

Rep. Van Orden, Derrick [R-WI-3]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions