There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/06/2009)

Amends the Internal Revenue Code to exclude from the gross estate of a decedent the value of farmland used by an heir of the decedent for farming purposes. Imposes a recapture tax on an heir who disposes of such farmland after the decedent's death or who ceases to use it for farming purposes.