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HR 4937 118th Congress House Taxation

Preserving Family Farms Act of 2023

Introduced: July 26, 2023 Introduced by: Panetta, Jimmy Democratic · California See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Jul 26, 2023
Referred to the House Committee on Ways and Means.
Jul 26, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Preserving Family Farms Act of 2023

This bill amends the Internal Revenue Code to increase to $13 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The increased amount is adjusted for inflation for estates of decedents dying after 2023.

What's happening now July 26, 2023

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 14
All 14 Democratic 1 Republican 12
R
Reschenthaler, Guy
Pennsylvania · Sep 23, 2024
 R
Meuser, Daniel
Pennsylvania · Jul 22, 2024
 R
Nunn, Zachary
Iowa · Jul 8, 2024
Molinaro, Marcus
· Dec 19, 2023
 R
Steube, W. Gregory
Florida · Dec 11, 2023
 R
Scott, Austin
Georgia · Dec 6, 2023
 R
Houchin, Erin
Indiana · Nov 30, 2023
 R
LaMalfa, Doug
California · Nov 28, 2023
 R
Steil, Bryan
Wisconsin · Nov 14, 2023
 R
Waltz, Michael
Florida · Nov 14, 2023
 D
Sewell, Terri A.
Alabama · Nov 7, 2023
 R
Rose, John W.
Tennessee · Nov 1, 2023
 R
Mann, Tracey
Kansas · Aug 4, 2023
 R
Kelly, Mike
Pennsylvania · Jul 26, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4937: Preserving Family Farms Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4937/
MLA
"H.R. 4937: Preserving Family Farms Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4937/.
Bluebook (legal)
H.R. 4937, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4937/.
Markdown link
[H.R. 4937: Preserving Family Farms Act of 2023](https://openamerica.io/bill/118-HR-4937/)
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