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- H.R.96
H.R.96: Save Family-Owned Farms and Small Businesses Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 6, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Save Family-Owned Farms and Small Businesses Act of 2009 - Amends the Internal Revenue Code to: (1) increase to $1.85 million the maximum reduction amount for alternative valuations of farmland and other business property for estate tax purposes; and (2) restore after 2009 the estate tax deduction for family-owned business interests and increase such deduction to $2 million. Allows annual inflation adjustments to such increased amounts after...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Jan. 6, 2009 |
Introduced in the House by K. Michael Conaway (R-Texas) |