In a capital intensive business like farming and ranching, estate taxes can be devastating to a family that is trying to pass their farm to the next generation. Please contact your Congressional representatives and let them know that you support H.R. 3524. The links below will help you do just that. Taking a few minutes today to do this might just keep a family farm in business.
Please take a moment to support family farmers and ranchers by telling your story or showing your support for H.R. 3524 the Family Farm Preservation Estate Tax Act (Mike Thompson, D-CA).
Take action to urge your Congressional Representative to sign on as a cosponsor of H.R. 3524. Please do this by clicking one of the links below. That link will provide you with an opportunity to write your own story or send a form letter to your congressman.
This legislation improves the business climate while ensuring farms and ranches can be passed on to future generations. If passed, H.R. 3524 will:
* Exempt farm and ranch assets from federal estate taxes as long as the operation remains as a family agricultural operation.
* Exclude land enrolled in a qualified conservation easement from federal estate taxes.
Considering the tax-reform legislation that was approved in 2001 will phase out the estate tax entirely in 2010, Congress will likely be taking up this item this fall.
Your personal stories are needed to help lawmakers understand how farming and ranching operations differ from other businesses. Help keep farming operations viable, urge your Representative to sign on as a cosponsor of H.R. 3524.
If you live in California, use this link:
If you live outside of California use this link:
Thanks for your attention and please pass this on to any farmer or farm supporter you know.