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S 47 115th Congress Senate Taxation Administrative law and regulatory procedures Department of the Treasury Internal Revenue Service (IRS) Tax administration and collection, taxpayers Transfer and inheritance taxes

Protect Family Farms and Businesses Act

Introduced: January 5, 2017 See on congress.gov
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 2017
Read twice and referred to the Committee on Finance.
Jan 5, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

Protect Family Farms and Businesses Act

This bill prohibits proposed Internal Revenue Service regulations published on August 4, 2016, relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes from taking effect. The bill prohibits funds from being used to finalize, implement, administer, or enforce the proposed regulations or any substantially similar regulations.

What's happening now January 5, 2017

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 47: Protect Family Farms and Businesses Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-47/
MLA
"S. 47: Protect Family Farms and Businesses Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-47/.
Bluebook (legal)
S. 47, 115th Cong. (2026), https://openamerica.io/bill/115-S-47/.
Markdown link
[S. 47: Protect Family Farms and Businesses Act](https://openamerica.io/bill/115-S-47/)
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