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Farm Disaster Tax Cut Act
5/15/2026, 3:08 AM
Summary of Bill S 4502
The "Farm Disaster Tax Cut Act" introduced in the 119th Congress aims to provide tax relief measures for farmers affected by disasters. The bill, designated as S. 4502 and introduced on May 12, 2026, proposes specific tax cuts and assistance programs tailored to help farmers recover from agricultural disasters. Further details and specific provisions can be accessed through the official PDF version of the bill available at the provided link.
Read the Full Bill
Current Status of Bill S 4502
Bill S 4502 is currently in the status of Bill Introduced since May 12, 2026. Bill S 4502 was introduced during Congress 119 and was introduced to the Senate on May 12, 2026.  Bill S 4502's most recent activity was Read twice and referred to the Committee on Finance. as of May 12, 2026
Bipartisan Support of Bill S 4502
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4502
Primary Policy Focus
Alternate Title(s) of Bill S 4502
Farm Disaster Tax Cut Act
Farm Disaster Tax Cut Act
A bill to amend the Internal Revenue Code of 1986 to exclude crop insurance indemnity payments from gross income.
Comments
Sponsors and Cosponsors of S 4502
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