Capital gains on family-farm transfers
What they say
In the October 13 KATU debate, Gluesenkamp Perez said she was leading a bill to end capital-gains tax on family farms.
What the record shows ·
She is an original cosponsor of H.R. 8591, introduced April 30, 2026. It would exclude gains from sales or exchanges of qualified farm property to qualified family members. The bill remains in the House Ways and Means Committee.
Limit: Thomas Massie is the named sponsor. This is a proposed income-tax exclusion for qualifying transfers, not an enacted repeal of federal estate tax.