Summary: H.R.3050 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.3050. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/25/2009)

American Family Farm and Ranchland Protection Act - Amends the Internal Revenue Code to increase to $5 million the limitation on the estate tax exclusion for land subject to a qualified conservation easement and to increase the percentage of the value of such land that is excludable.