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United States · Bill · HR

H.R. 96 (111th)

Save Family-Owned Farms and Small Businesses Act of 2009

referredUnited States· United States Congress· EN

Introduced

6 January 2009

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Save Family-Owned Farms and Small Businesses Act of 2009 - Amends the Internal Revenue Code to: (1) increase to $1.85 million the maximum reduction amount for alternative valuations of farmland and other business property for estate tax purposes; and (2) restore after 2009 the estate tax deduction for family-owned business interests and increase such deduction to $2 million. Allows annual inflation adjustments to such increased amounts after 2010.

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Documents

3 official files

Introduced in House (text)

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Sources

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