3.0.0 1448 2022-11-15T16:33:41Z 2022-11-15T16:33:41Z House H HR 2013-04-09 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. AUSTIN SCOTT of Georgia:H.R. 1448.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1: The Congress shall havePower to lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Defense andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.[Page H1859]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-04-09T18:01:45Z 2013-04-09 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-04-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-04-09 Introduced in House IntroReferral 1000 9 Library of Congress S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 N B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2013-04-09 True W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2013-04-09 True R000575 Rep. Rogers, Mike D. [R-AL-3] Mike Rogers R AL 3 2013-04-09 True Y000065 Rep. Yoho, Ted S. [R-FL-3] Ted Yoho R FL S. 3 2013-04-09 True M000485 Rep. McIntyre, Mike [D-NC-7] MIKE MCINTYRE D NC 7 2013-04-09 True K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2013-04-09 True C001087 Rep. Crawford, Eric A. "Rick" [R-AR-1] Eric Crawford R AR A. "Rick" 1 2013-04-09 True P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2013-04-11 False G000563 Rep. Gibbs, Bob [R-OH-7] Bob Gibbs R OH 7 2013-04-12 False L000575 Rep. Lankford, James [R-OK-5] James Lankford R OK 5 2013-04-23 False Taxation Farmland Forests, forestry, trees Transfer and inheritance taxes Taxation

00 2013-04-09 Introduced in House 2013-05-22T21:36:03Z Farmers and Ranchers Minimizing Estate Regulations Act of 2013 or the FARMER Act of 2013 - Amends the Internal Revenue Code, with respect to the special use valuation of farms and other property used in a trade or business for estate tax purposes, to: (1) increase to $2 million the allowable reduction in the fair market value of such property for valuation purposes, (2) reduce the required holding period for such property for eligibility and recapture purposes, (3) allow rentals of such property by controlled entities to qualify as a special use, (4) repeal the requirement to use the gross cash rental method for valuing such property, and (5) exempt woodlands subject to a management plan from the additional tax for early dispositions of such property and for failure to comply with special use requirements.

]]>

Display Title Short Titles as Introduced Short Titles as Introduced Official Title as Introduced Introduced in House 2013-04-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1448ih/xml/BILLS-113hr1448ih.xml 2013-04-09 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.