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Family Farmer and Rancher Tax Fairness Act of 2023

12/15/2023, 4:05 PM

Congressional Summary of S 93

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 S 93

Bill S 93 is currently in the status of Bill Introduced since January 26, 2023. Bill S 93 was introduced during Congress 118 and was introduced to the Senate on January 26, 2023.  Bill S 93's most recent activity was Read twice and referred to the Committee on Finance. as of January 26, 2023

Bipartisan Support of Bill S 93

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 93

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 93

Family Farmer and Rancher Tax Fairness Act of 2023
Family Farmer and Rancher Tax Fairness Act of 2023
A bill to exclude from gross income certain assistance provided to farmers, and for other purposes.

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