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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Agriculture Students EARN Act
Agriculture Students Encourage, Acknowledge, Reward, Nurture Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income certain amounts realized on the disposition of property raised or produced by a student farmer, and for other purposes.

Actions Overview (1)

04/11/2016Introduced in Senate

All Actions (1)

04/11/2016Read twice and referred to the Committee on Finance.
Action By: Senate

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Ernst, Joni [R-IA]* 04/11/2016
Sen. Barrasso, John [R-WY] 07/12/2016
Sen. King, Angus S., Jr. [I-ME] 09/20/2016

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance04/11/2016 Referred to

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Subjects (4)

Latest Summary (1)

There is one summary for S.2774. View summaries

Shown Here:
Introduced in Senate (04/11/2016)

Agriculture Students EARN Act or the Agriculture Students Encourage, Acknowledge, Reward, Nurture Act

This bill amends the Internal Revenue Code to exclude from the gross income of a student farmer 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 farmer.

A student farmer is an individual who is under 19 years of age and is enrolled in: (1) a program established by the National FFA Organization; (2) a 4-H Club or other program established by 4-H; or (3) a student agriculture program that is under the direction or guidance of an agricultural educator, advisor, or club leader.

To qualify for the exclusion, the production and sale or exchange of the property must be supervised by one of the specified agriculture programs. The sale or exchange must also occur during qualified public entertainment or convention and trade show activities.