Senate Bill 5224
117th Congress(2021-2022)
Family Farmer and Rancher Tax Fairness Act of 2022
Introduced
Introduced in Senate on Dec 8, 2022
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5224
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Family Farmer and Rancher Tax Fairness Act of 2022
This bill excludes from the gross income of certain farmers, ranchers, and forest land owners who are at financial risk payments for debt relief and for remedying past discrimination against such individuals.
December 8, 2022
12/08/2022
Read twice and referred to the Committee on Finance.
12/08/2022
Introduced in Senate
Public Record
Record Updated
Jan 13, 2023 5:16:39 AM