[Congressional Record Volume 153, Number 38 (Tuesday, March 6, 2007)]
[House]
[Page H2169]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FAMILY FARM PRESERVATION ACT
(Mr. PITTS asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PITTS. Madam Speaker, America has some of the most beautiful
farmland in the world. But rapidly expanding urban sprawl is
threatening this cherished natural resource every day. In fact, since
1960, approximately 1.5 million acres of American farmland have been
converted to nonagricultural uses each year.
This week, I will introduce legislation aimed at slowing this trend
that threatens family farms and our cherished open spaces. The Family
Farm Preservation Act would encourage farmers to continue farming their
land by exempting them from capital gains taxes when they sell their
land development rights to qualified groups committed to conservation.
Without protection from this significant tax burden, too many farmers
are being forced to sell their land to developers, and that means fewer
family farms and ever-shrinking open spaces.
By giving farmers an incentive to continue farming their land, this
bill helps preserve the cherished way of life while protecting
beautiful American landscapes at the same time. I hope all my
colleagues will support the Family Farm Preservation Act.
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