Preserving Family Farms Act of 2021

United States117th CongressHR-2370House of Representatives
Updated: Apr 5, 2021

Summary

Preserving Family Farms Act of 2021 This bill increases to $11.7 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The increased amount is adjusted for inflation for estates of decedents dying after 2021.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-3077: Preserving Family Farms Act of 2021

Introduced in Senate

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

    House of Representatives

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