S.3640: American Family Farm and Ranchland Protection Act of 2010

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Bill Summary

American Family Farm and Ranchland Protection Act of 2010 - Amends the Internal Revenue Code to increase to $5 million the limitation on the estate tax exclusion for land subject to a qualified conservation easement and to increase the percentage of the value of such land that is excludable.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
July 22, 2010

Introduced in the Senate by Mark Udall (D-Colo.)

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