S. 47 · 115th Congress
Protect Family Farms and Businesses Act
- Stage
- In committee
- Sponsor
- Marco Rubio
- Introduced
- 2017-01-05
- Latest action
- 2017-01-05 · Introduced in Senate
Summary
Protect Family Farms and Businesses Act
This bill prohibits proposed Internal Revenue Service regulations published on August 4, 2016, relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes from taking effect. The bill prohibits funds from being used to finalize, implement, administer, or enforce the proposed regulations or any substantially similar regulations.