No Capital Gains Tax on Family Farms Act

Referred to the House Committee on Ways and Means.

2026-04-30

Farmers and ranchers would be able to sell their land to family members without paying federal income taxes on the profits from the sale, as long as the property meets certain qualification requirements. This tax break would make it easier and more affordable for families to keep farms and ranches within the family across generations. The proposal is currently being reviewed by the House Committee on Ways and Means.