S93-118

Introduced

To exclude from gross income certain assistance provided to farmers, and for other purposes.

118th Congress Introduced Jan 26, 2023

Summary

What This Bill Does

The bill creates short title This Act may be cited as the Family Farmer and Rancher Tax Fairness Act of 2023 and requires tax treatment of certain assistance to farmers, etc. It relies on tax rate changes, tax deductions, compliance mandates, and exemptions. The main policy areas are Agriculture.

Who Benefits and How

Agricultural producers and rural communities affected by the bill could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.

Key Provisions

  • Creates short title This Act may be cited as the Family Farmer and Rancher Tax Fairness Act of 2023.
  • Requires tax treatment of certain assistance to farmers, etc.

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

The bill creates short title This Act may be cited as the Family Farmer and Rancher Tax Fairness Act of 2023 and requires tax treatment of certain assistance to farmers, etc.

Key Policy Areas

Agriculture

Primary Purpose

The bill creates short title This Act may be cited as the Family Farmer and Rancher Tax Fairness Act of 2023 and requires tax treatment of certain assistance to farmers, etc.

Policy Domains

Agriculture

Whole bill

Identified Gains
  • Agricultural producers and rural communities affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Agricultural producers and rural communities affected by the bill: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Jan 26, 2023

Mr. Booker (for himself, Ms. Stabenow, Mr. Warnock, and Ms. …

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?

Domains
Agriculture

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