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Bill119th CongressFiled Mar 11, 2025Taxation
S. 930

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income capital gains from the sale of certain farmland property which are reinvested in individual retirement plans.

Bill journey · stage 2 of 5

Under committee review

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Law

What it does

A plain-language summary from the Congressional Research Service isn’t available yet for this bill. CRS summaries are typically posted within a few weeks of introduction.

What just happenedMar 11, 2025

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. McConnell, Mitch [R-KY](R-KY)Sponsor
4 cosponsors4 R
Read on Congress.gov
4cosponsors1committees2actions
  1. Mar 11, 2025IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. Mar 11, 2025IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income capital gai… — Informed