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- H.R.390
H.R.390: Family Farm Preservation and Conservation Estate Tax Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Jan. 20, 2011
- Latest Major Action Jan. 20, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Summary
Family Farm Preservation and Conservation Estate Tax Act - Amends the Internal Revenue Code to: (1) exclude from the gross estate the value of property used by a decedent and the decedent's family as a farm for farming purposes and certain qualified conservation easements; and (2) impose a recapture tax if such farmland is sold outside the decedent's family or is no longer used for farming purposes or if a qualified conservation easement is...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 20, 2011 |
Introduced in the House by Mike Thompson (D-Calif.) |