No Capital Gains Tax on Family Farms Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, No Capital Gains Tax on Family Farms Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Agriculture, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HE39418DC69EF4582A01F7BD48A17E939: 1. Short title This Act may be cited as the No Capital Gains Tax on Family Farms Act.
- Section H527CA6508CEB465F80662DED1C80D054: 2. Exclusion from gross income of gain from sale of qualified farm property to qualified family members Part III of subchapter B of chapter 1 of the Internal...
- Section H461D2855172D41AA90C830EC9A1E79CC: 121A. Exclusion of gain from sale of qualified farm property to qualified family members Gross income shall not include gain from the sale or exchange of...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, No Capital Gains Tax on Family Farms Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Agriculture, Housing
Primary Purpose
This bill, No Capital Gains Tax on Family Farms Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeReferred to the House Committee on Ways and Means.
Introduced in House
Mr. Massie (for himself, Ms. Perez, Mr. Roy, Mr. Davidson, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology