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To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members.

5/1/2026, 8:08 AM

Summary of Bill HR 8591

The bill titled "To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members" was introduced in the 119th Congress on April 30, 2026, as H.R. 8591.

Current Status of Bill HR 8591

Bill HR 8591 is currently in the status of Bill Introduced since April 30, 2026. Bill HR 8591 was introduced during Congress 119 and was introduced to the House on April 30, 2026.  Bill HR 8591's most recent activity was Referred to the House Committee on Ways and Means. as of April 30, 2026

Bipartisan Support of Bill HR 8591

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
1
Republican Cosponsors
9
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8591

Primary Policy Focus

Alternate Title(s) of Bill HR 8591

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members.
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members.

Comments

Sponsors and Cosponsors of HR 8591

Thomas Massie
Thomas Massie
KentuckyRepublican
Chip Roy
Chip Roy
TexasRepublican
Nancy Mace
Nancy Mace
South CarolinaRepublican
Marie Gluesenkamp Perez
Marie Gluesenkamp Perez
WashingtonDemocrat
Julie Fedorchak
Julie Fedorchak
North DakotaIndependent
Chuck Edwards
Chuck Edwards
North CarolinaRepublican

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