H.R.1448: FARMER Act of 2013

About This Bill

  • Introduced April 9, 2013
  • Latest Major Action April 9, 2013

Bill Sponsor

Bill Summary

Farmers and Ranchers Minimizing Estate Regulations Act of 2013 or the FARMER Act of 2013 - Amends the Internal Revenue Code, with respect to the special use valuation of farms and other property used in a trade or business for estate tax purposes, to: (1) increase to $2 million the allowable reduction in the fair market value of such property for valuation purposes, (2) reduce the required holding period for such property for eligibility and...

(Source: Library of Congress)

Bill Actions

Date Description
April 9, 2013
Referred to the House Committee on Ways and Means.
April 9, 2013

Introduced in the House by Austin Scott (R-Ga.)

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