3.0.0 3523 2023-01-13T04:50:32Z 2023-01-13T04:50:32Z House H HR 2005-07-28 109 hswm00 Ways and Means Committee House Standing Referred to 2005-07-28T14:11:15Z 2005-07-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-07-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-07-28 Introduced in House IntroReferral 1000 9 Library of Congress B001242 Rep. Bishop, Timothy H. [D-NY-1] Timothy Bishop D NY H. 1 N Taxation Agriculture and Food Conservation easements Environmental Protection Estate tax Families Family farms Farm lands Public Lands and Natural Resources Tax exclusion Taxation 00 2005-07-28 Introduced in House 2005-09-08T20:17:05Z Estate Tax Deferral for Working Farms and Land Conservation Act of 2005 - Amends the Internal Revenue Code to exclude property used by a decedent's heir as farmland from the gross income of the decedent's estate. Imposes an additional estate tax if the decedent's heir disposes of such farmland or ceases to use it for farming purposes. Repeals the $500,000 limitation on the estate tax exclusion for land subject to a qualified conservation easement.

]]> Estate Tax Deferral for Working Farms and Land Conservation Act of 2005 Display Title Estate Tax Deferral for Working Farms and Land Conservation Act of 2005 Official Title as Introduced To amend the Internal Revenue Code of 1986 to exclude from estate taxes the value of farmland so long as the farmland use continues and to repeal the dollar limitation on the estate tax exclusion for land subject to a qualified conservation easement. Introduced in House IH Short Titles as Introduced Estate Tax Deferral for Working Farms and Land Conservation Act of 2005 Introduced in House 2005-07-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3523ih/xml/BILLS-109hr3523ih.xml 2005-07-28 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.