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Family Farmer and Rancher Tax Fairness Act of 2022
1/13/2023, 5:16 AM
Congressional Summary of S 5224
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.
Read the Full Bill
Current Status of Bill S 5224
Bill S 5224 is currently in the status of Bill Introduced since December 8, 2022. Bill S 5224 was introduced during Congress 117 and was introduced to the Senate on December 8, 2022. Bill S 5224's most recent activity was Read twice and referred to the Committee on Finance. as of December 8, 2022
Bipartisan Support of Bill S 5224
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
3Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5224
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 5224
Family Farmer and Rancher Tax Fairness Act of 2022
Family Farmer and Rancher Tax Fairness Act of 2022
A bill to exclude from gross income certain assistance provided to farmers, and for other purposes.
Comments
Sponsors and Cosponsors of S 5224
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