Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.

3.0.0 237 2024-06-11T15:39:04Z 2024-06-11T15:39:04Z House H HRES 2023-03-21 118 hswm00 Ways and Means Committee House Standing Referred to 2023-03-21T21:03:00Z 2023-03-23 Sponsor introductory remarks on measure. (CR H1332) IntroReferral B00100 9 Library of Congress 2023-03-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-03-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-03-21 Introduced in House IntroReferral 1000 9 Library of Congress M000871 Rep. Mann, Tracey [R-KS-1] Tracey Mann R KS 1 N C001059 Rep. Costa, Jim [D-CA-21] Jim Costa D CA 21 2023-03-21 True L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2023-03-21 True C001119 Rep. Craig, Angie [D-MN-2] Angie Craig D MN 2 2023-03-21 True S001172 Rep. Smith, Adrian [R-NE-3] Adrian Smith R NE 3 2023-03-21 True P000613 Rep. Panetta, Jimmy [D-CA-19] Jimmy Panetta D CA 19 2023-03-21 True S001196 Rep. Stefanik, Elise M. [R-NY-21] Elise Stefanik R NY M. 21 2023-03-21 True T000467 Rep. Thompson, Glenn [R-PA-15] Glenn Thompson R PA 15 2023-03-21 True S001135 Rep. Steel, Michelle [R-CA-45] Michelle Steel R CA 45 2023-03-21 True K000392 Rep. Kustoff, David [R-TN-8] David Kustoff R TN 8 2023-03-21 True C001126 Rep. Carey, Mike [R-OH-15] Mike Carey R OH 15 2023-03-21 True F000446 Rep. Feenstra, Randy [R-IA-4] Randy Feenstra R IA 4 2023-03-21 True M001210 Rep. Murphy, Gregory F. [R-NC-3] Gregory Murphy R NC F. 3 2023-03-21 True F000465 Rep. Ferguson, A. Drew, IV [R-GA-3] A. Ferguson R GA Drew 3 2023-03-21 True T000478 Rep. Tenney, Claudia [R-NY-24] Claudia Tenney R NY 24 2023-03-21 True M001213 Rep. Moore, Blake D. [R-UT-1] Blake Moore R UT D. 1 2023-03-21 True J000299 Rep. Johnson, Mike [R-LA-4] Mike Johnson R LA 4 2023-03-21 True M001136 Rep. McClain, Lisa C. [R-MI-9] Lisa McClain R MI C. 9 2023-03-21 True C001087 Rep. Crawford, Eric A. "Rick" [R-AR-1] Eric Crawford R AR A. "Rick" 1 2023-03-21 True W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2023-03-21 True M001215 Rep. Miller-Meeks, Mariannette [R-IA-1] Mariannette Miller-Meeks R IA 1 2023-03-21 True N000190 Rep. Norman, Ralph [R-SC-5] Ralph Norman R SC 5 2023-03-21 True S001214 Rep. Steube, W. Gregory [R-FL-17] W. Steube R FL Gregory 17 2023-03-21 True M001194 Rep. Moolenaar, John R. [R-MI-2] John Moolenaar R MI R. 2 2023-03-21 True M001212 Rep. Moore, Barry [R-AL-2] Barry Moore R AL 2 2023-03-21 True M001222 Rep. Miller, Max L. [R-OH-7] Max Miller R OH L. 7 2023-03-21 True L000266 Rep. LaTurner, Jake [R-KS-2] Jake LaTurner R KS 2 2023-03-21 True N000189 Rep. Newhouse, Dan [R-WA-4] Dan Newhouse R WA 4 2023-03-21 True M001205 Rep. Miller, Carol D. [R-WV-1] Carol Miller R WV D. 1 2023-03-21 True S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 2023-03-21 True E000071 Rep. Ellzey, Jake [R-TX-6] Jake Ellzey R TX 6 2023-03-21 True M001211 Rep. Miller, Mary E. [R-IL-15] Mary Miller R IL E. 15 2023-03-21 True H001077 Rep. Higgins, Clay [R-LA-3] Clay Higgins R LA 3 2023-03-21 True B001301 Rep. Bergman, Jack [R-MI-1] Jack Bergman R MI 1 2023-03-21 True F000475 Rep. Finstad, Brad [R-MN-1] Brad Finstad R MN 1 2023-03-21 True A000379 Rep. Alford, Mark [R-MO-4] Mark Alford R MO 4 2023-03-21 True H001086 Rep. Harshbarger, Diana [R-TN-1] Diana Harshbarger R TN 1 2023-03-21 True F000470 Rep. Fischbach, Michelle [R-MN-7] Michelle Fischbach R MN 7 2023-03-21 True R000610 Rep. Reschenthaler, Guy [R-PA-14] Guy Reschenthaler R PA 14 2023-03-21 True G000591 Rep. Guest, Michael [R-MS-3] Michael Guest R MS 3 2023-03-21 True F000472 Rep. Franklin, C. Scott [R-FL-18] C. Franklin R FL Scott 18 2023-03-21 True L000585 Rep. LaHood, Darin [R-IL-16] Darin LaHood R IL 16 2023-03-21 True J000301 Rep. Johnson, Dusty [R-SD-At Large] Dusty Johnson R SD 0 2023-03-21 True H001091 Rep. Hinson, Ashley [R-IA-2] Ashley Hinson R IA 2 2023-03-21 True R000103 Rep. Rosendale Sr., Matthew M. [R-MT-2] Matthew Rosendale R MT M. 2 2023-03-21 True L000578 Rep. LaMalfa, Doug [R-CA-1] Doug LaMalfa R CA 1 2023-03-21 True D000626 Rep. Davidson, Warren [R-OH-8] Warren Davidson R OH 8 2023-03-21 True D000633 Rep. Duarte, John S. [R-CA-13] John Duarte R CA S. 13 2023-03-21 True C001039 Rep. Cammack, Kat [R-FL-3] Kat Cammack R FL 3 2023-03-21 True J000304 Rep. Jackson, Ronny [R-TX-13] Ronny Jackson R TX 13 2023-03-21 True K000388 Rep. Kelly, Trent [R-MS-1] Trent Kelly R MS 1 2023-03-21 True D000615 Rep. Duncan, Jeff [R-SC-3] Jeff Duncan R SC 3 2023-03-21 True S000929 Rep. Spartz, Victoria [R-IN-5] Victoria Spartz R IN 5 2023-03-21 True M001204 Rep. Meuser, Daniel [R-PA-9] Daniel Meuser R PA 9 2023-03-21 True W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2023-03-21 True B001275 Rep. Bucshon, Larry [R-IN-8] Larry Bucshon R IN 8 2023-03-21 True N000193 Rep. Nunn, Zachary [R-IA-3] Zachary Nunn R IA 3 2023-03-21 True B001298 Rep. Bacon, Don [R-NE-2] Don Bacon R NE 2 2023-03-21 True S000250 Rep. Sessions, Pete [R-TX-17] PETE SESSIONS R TX 17 2023-03-21 True L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2023-03-21 True F000478 Rep. Fry, Russell [R-SC-7] Russell Fry R SC 7 2023-03-21 True B001307 Rep. Baird, James R. [R-IN-4] James Baird R IN R. 4 2023-03-21 True J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2023-03-21 True G000590 Rep. Green, Mark E. [R-TN-7] Mark Green R TN E. 7 2023-03-24 False B000740 Rep. Bice, Stephanie I. [R-OK-5] Stephanie Bice R OK I. 5 2023-03-24 False D000616 Rep. DesJarlais, Scott [R-TN-4] Scott DesJarlais R TN 4 2023-03-24 False J000292 Rep. Johnson, Bill [R-OH-6] Bill Johnson R OH 6 2023-03-24 False W000815 Rep. Wenstrup, Brad R. [R-OH-2] Brad Wenstrup R OH R. 2 2023-04-19 False B001306 Rep. Balderson, Troy [R-OH-12] Troy Balderson R OH 12 2023-04-19 False B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2023-05-15 False C001118 Rep. Cline, Ben [R-VA-6] Ben Cline R VA 6 2023-05-15 False G000595 Rep. Good, Bob [R-VA-5] Bob Good R VA 5 2023-05-15 False L000599 Rep. Lawler, Michael [R-NY-17] Michael Lawler R NY 17 2023-06-12 False F000469 Rep. Fulcher, Russ [R-ID-1] Russ Fulcher R ID 1 2024-03-12 False R000612 Rep. Rose, John W. [R-TN-6] John Rose R TN W. 6 2024-03-12 False C001115 Rep. Cloud, Michael [R-TX-27] Michael Cloud R TX 27 2024-03-13 False V000135 Rep. Van Orden, Derrick [R-WI-3] Derrick Van Orden R WI 3 2024-03-13 False G000546 Rep. Graves, Sam [R-MO-6] Sam Graves R MO 6 2024-03-15 False K000376 Rep. Kelly, Mike [R-PA-16] Mike Kelly R PA 16 2024-03-19 False S001213 Rep. Steil, Bryan [R-WI-1] Bryan Steil R WI 1 2024-03-29 False Taxation Capital gains tax 2023-03-29T15:03:42Z Farmland 2023-03-29T15:03:42Z Small business 2023-03-29T15:03:42Z Tax administration and collection, taxpayers 2023-03-29T15:03:42Z Taxation 2023-03-23T14:01:51Z

00 2023-03-21 Introduced in House 2023-03-23T17:35:02Z This resolution supports the preservation of the stepped-up basis tax rule that allows recipients of inherited assets such as land, equipment, or buildings to adjust the cost basis of the assets to reflect their fair market value. The resolution opposes any efforts to impose new taxes on family farms or small businesses and recognizes the importance of generational transfers of farm and family-owned businesses.

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Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses. Display Title 45 Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses. 2024-06-11T15:39:04Z Official Title as Introduced 6 Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses. 2024-03-18T20:29:12Z Introduced in House IH Introduced in House 2023-03-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hres237ih/xml/BILLS-118hres237ih.xml 2023-03-23 Sponsor introductory remarks on measure. (CR H1332) 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.