Eliminate capital gains tax on sales or transfers of family farms between qualified family members when the land remains in agricultural production.

Marie Gluesenkamp Perez · Washington · Democratic

policy impact 0.62 specificity 0.90 extraction confidence 94%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

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Occurrences

Rep. Marie Gluesenkamp Perez (WA-03) and Rep. Thomas Massie (R-KY) introduced the bipartisan No Capital Gains Tax on Family Farms Act to remove capital gains on the sale or exchange of a farm between family members provided that the land stays in agricultural production.

Gluesenkamp Perez introduced legislation to exempt qualifying family farm transfers from capital gains tax if the land remains in agricultural use.

Rep. Gluesenkamp Perez Leads Bill to Protect Generational Farms
primary · press_release · model gpt-5.5

No Capital Gains Tax on Family Farms Act. Full Title: To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of gain from the sale of qualified farm property to qualified family members. Sponsors Thomas Massie(KY). Cosponsors Marie Gluesenkamp Perez (WA).

Marie Gluesenkamp Perez cosponsored H.R. 8591, a bill to exclude gains from sales of qualified farm property to qualified family members from gross income.

H.R. 8591 (IH) - No Capital Gains Tax on Family Farms Act - BILLS-119hr8591ih | Content Details | GovInfo
primary · other · model gpt-5.5

Evidence

legacy_unverified · Source version not recorded · locator unknown

H.R. 8591 was introduced April 30, 2026 by Mr. Massie for himself and Ms. Perez, among others, and referred to the House Committee on Ways and Means. The bill would add IRC section 121A: gross income would not include gain from sale or exchange of qualified farm property to a qualified family member; amendments apply after enactment.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Official bill text shows Gluesenkamp Perez took concrete legislative action as an original cosponsor/co-lead on a bill matching the promise, but the bill was only introduced and referred, not enacted, so the promised tax elimination remains unresolved.

unresolved same_term A for effort

H.R. 8591 (IH) - No Capital Gains Tax on Family Farms Act
secondary · model gpt-5.5 · confidence 95%

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legacy_unverified · Source version not recorded · locator unknown

Rep. Gluesenkamp Perez's office said she and Rep. Thomas Massie introduced the bipartisan No Capital Gains Tax on Family Farms Act to remove capital gains on sale or exchange of a farm between family members when land stays in agricultural production. The release says the bill would allow sale or transfer of family farms to qualified family members without the seller being subject to capital gains tax.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Her office publicly framed H.R. 8591 as the promised policy and described the agricultural-production and family-transfer conditions. This confirms serious effort, but it is a proposal rather than implemented tax law.

unresolved same_term A for effort

Rep. Gluesenkamp Perez Leads Bill to Protect Generational Farms
primary · model gpt-5.5 · confidence 92%

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Assessments

Public state: unverified As of unknown · legacy_unverified · . Original AI recommendation (not independently established): unresolved. same_term A for effort

Gluesenkamp Perez materially advanced a matching federal proposal in the 119th Congress by co-leading/originally cosponsoring H.R. 8591, the No Capital Gains Tax on Family Farms Act. The bill would exclude gain from sales of qualified farm property to qualified family members, matching the promised policy, but it has only been introduced and referred to House Ways and Means and has not been enacted into tax law. Because she remains in office and the bill is still pending, the promise is not delivered yet but should be treated as unresolved with serious same-term effort.

provider codex_cli · model gpt-5.5 · confidence 94%