HR 8591 · 119th Congress — No Capital Gains Tax on Family Farms Act
This bill would amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members.
- Congress
- 119
- Bill
- HR 8591
- Status
- Introduced
- Introduced
- 2026-04-30
- Latest action date
- 2026-04-30
Summary
This bill would amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members.
This summary may describe an earlier version. Check the official record for current wording.
Latest action
Referred to the House Committee on Ways and Means.
Sponsors
- Rep. Massie, Thomas [R-KY-4]
Republican · Kentucky · House District 4 · Republican