Student Agriculture Protection Act of 2019
- Last Action
- 3/14/2019
Actions
- 2019-03-14Referred to the House Committee on Ways and Means.
- 2019-03-14Introduced in House
- 2019-03-14Introduced in House
CRS Summary
As of 2019-03-14 (00)
Student Agriculture Protection Act of 2019
This bill modifies the requirements for calculating taxable income to exclude from the gross income of a student agriculturist 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 agriculturist.
A "student agriculturist" is an individual who is under 22 years of age and is enrolled in (1) an FFA (Future Farmers of America) chapter or a program established by the National FFA Organization; (2) a 4H Club or other program established by 4H; or (3) a student agriculture program that is under the direction or guidance of an agricultural educator, advisor, or club leader.
Cosponsors (20)
- COLLIN PETERSON (D-MN)
- Henry Cuellar (D-TX)
- K. Conaway (R-TX)
- Vicente Gonzalez (D-TX)
- Rodney Davis (R-IL)
- Peter Welch (D-VT)
- Elise Stefanik (R-NY)
- Randy Weber (R-TX)
- Salud Carbajal (D-CA)
- Glenn Thompson (R-PA)
- Sean Maloney (D-NY)
- Matt Gaetz (R-FL)
- Scott DesJarlais (R-TN)
- Cathy Rodgers (R-WA)
- ROBERT ADERHOLT (R-AL)
- David Scott (D-GA)
- STEVE CHABOT (R-OH)
- BOBBY RUSH (D-IL)
- Ralph Abraham (R-LA)
- Charles Fleischmann (R-TN)
Subjects
- Agricultural education
- Income tax exclusion
- Livestock
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.