Skip to main content
HR 3420 117th Congress House Taxation Agricultural education Income tax exclusion Livestock

Student Agriculture Protection Act of 2021

Introduced: May 20, 2021 Introduced by: McCaul, Michael T. Republican · Texas See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2021
Referred to the House Committee on Ways and Means.
May 20, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Student Agriculture Protection Act of 2021

This bill modifies the requirements for calculating taxable income to exclude from the gross income of a student agriculturist up to $5,000 of the gain from the sale or exchange of personal property (including livestock, crops, and agricultural mechanics or shop products) produced or raised by the student agriculturist.

A student agriculturist is an individual who is under 22 years of age and is enrolled in (1) an FFA (Future Farmers of America) chapter or a program established by the National FFA Organization; (2) a 4H Club or other program established by 4H; or (3) a student agriculture program that is under the direction or guidance of an agricultural educator, advisor, or club leader.

What's happening now May 20, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 1 Republican 3