3.0.0 2034 2021-04-20T19:33:22Z 2021-04-20T19:33:22Z House H HR 2005-04-28 109 hswm00 Ways and Means Committee House Standing Referred to 2005-04-28T13:57:32Z 2005-04-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-04-28 Introduced in House IntroReferral 1000 9 Library of Congress T000459 Rep. Terry, Lee [R-NE-2] LEE TERRY R NE 2 N P000422 Rep. Pomeroy, Earl [D-ND-At Large] EARL POMEROY D ND 0 2005-04-28 True P000587 Rep. Pence, Mike [R-IN-6] MIKE PENCE R IN 6 2005-04-28 True H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2005-04-28 True P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2005-04-28 True T000326 Rep. Towns, Edolphus [D-NY-10] EDOLPHUS TOWNS D NY 10 2005-04-28 True B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2005-04-28 True G000546 Rep. Graves, Sam [R-MO-6] SAM GRAVES R MO 6 2005-04-28 True M001146 Rep. Marshall, Jim [D-GA-3] Jim Marshall D GA 3 2005-04-28 True S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2005-04-28 True K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2005-04-28 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2005-04-28 True K000358 Rep. Kennedy, Mark R. [R-MN-6] MARK KENNEDY R MN R. 6 2005-04-28 True B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 2005-04-28 True M000472 Rep. McHugh, John M. [R-NY-23] JOHN MCHUGH R NY M. 23 2005-04-28 True K000362 Rep. King, Steve [R-IA-5] Steve King R IA 5 2005-04-28 True C000116 Rep. Cannon, Chris [R-UT-3] CHRIS CANNON R UT 3 2005-04-28 True S001143 Rep. Souder, Mark E. [R-IN-3] MARK SOUDER R IN EDWARD 3 2005-04-28 True O000165 Rep. Osborne, Tom [R-NE-3] TOM OSBORNE R NE 3 2005-05-05 False W000099 Rep. Walsh, James T. [R-NY-25] JAMES WALSH R NY T. 25 2005-05-05 False M001151 Rep. Murphy, Tim [R-PA-18] Tim Murphy R PA 18 2005-05-05 False H001037 Rep. Herseth, Stephanie [D-SD-At Large] Stephanie Herseth D SD 0 2005-05-12 False B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2005-05-12 False J000285 Rep. Johnson, Timothy V. [R-IL-15] TIMOTHY JOHNSON R IL V. 15 2005-05-12 False L000293 Rep. Lewis, Ron [R-KY-2] RON LEWIS R KY 2 2005-05-19 False R000571 Rep. Rehberg, Dennis R. [R-MT-At Large] DENNIS REHBERG R MT R. 0 2005-05-19 False M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2005-05-19 False B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 2005-05-19 False O000166 Rep. Otter, C. L. (Butch) [R-ID-1] C. L. OTTER R ID 1 2005-05-19 False M001159 Rep. McMorris, Cathy [R-WA-5] Cathy McMorris R WA 5 2005-05-19 False S001152 Rep. Simmons, Rob [R-CT-2] ROB SIMMONS R CT 2 2005-05-19 False S001158 Rep. Salazar, John T. [D-CO-3] John Salazar D CO T. 3 2005-05-19 False K000364 Rep. Kuhl, John R. "Randy", Jr. [R-NY-29] John Kuhl R NY R. "Randy" 29 2005-06-09 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2005-06-09 False D000599 Rep. Davis, Lincoln [D-TN-4] Lincoln Davis D TN 4 2005-06-09 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2005-06-09 False N000159 Rep. Norwood, Charles W. [R-GA-9] CHARLES NORWOOD R GA W. 9 2005-06-09 False S001161 Rep. Schwarz, John J.H. "Joe" [R-MI-7] John Schwarz R MI J.H. "Joe" 7 2005-06-29 False H000329 Rep. Hastings, Doc [R-WA-4] DOC HASTINGS R WA 4 2005-06-29 False L000111 Rep. Latham, Tom [R-IA-4] TOM LATHAM R IA 4 2005-07-14 False D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2005-07-14 False R000011 Rep. Rahall, Nick J., II [D-WV-3] NICK RAHALL D WV J. 3 2006-03-28 False R000170 Rep. Reyes, Silvestre [D-TX-16] SILVESTRE REYES D TX 16 2006-04-05 False D000603 Rep. Davis, Geoff [R-KY-4] Geoff Davis R KY 4 2006-06-06 False R000573 Rep. Ross, Mike [D-AR-4] MIKE ROSS D AR 4 2006-07-17 False G000309 Rep. Gordon, Bart [D-TN-6] BART GORDON D TN 6 2006-07-24 False B001236 Rep. Boozman, John [R-AR-3] John Boozman R AR 3 2006-07-25 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2006-09-06 False Taxation Agriculture and Food Capital gains tax Families Family farms Farm lands Income tax Land transfers Land use Public Lands and Natural Resources Tax exclusion Taxation

00 2005-04-28 Introduced in House 2005-06-03T18:55:48Z Beginning Farmers and Ranchers Act of 2005 - Amends the Internal Revenue Code to exclude from gross income 100 percent of the gain, up to $500,000, from the sale of qualified farm property to a first-time farmer who certifies that such property will be used for farming purposes for ten years. Allows: (1) a 50 percent exclusion for the sale of qualified farm property to any other person who certifies that such property will be used for farming purposes for ten years; and (2) a 25 percent exclusion for the sale of qualified farm property to any other person for any other use. Defines "qualified farm property" as real property located in the United States which is used for farming purposes for a specified three-year period and in which there was material participation by the taxpayer or the taxpayer's spouse or family member. Requires the recapture of tax benefits if qualified farm property is sold or ceases operation as a farm before the required ten-year period.

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Short Titles as Introduced Display Title Official Title as Introduced Introduced in House 2005-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr2034ih/xml/BILLS-109hr2034ih.xml 2005-04-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.