Senate bill · S. 4502 (119th Congress)
Farm Disaster Tax Cut Act
U.S. Senate
Sponsor: Jon Ossoff (U.S. Senator for Georgia, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
This bill would exclude crop insurance indemnity payments from a taxpayer's gross income for losses occurring on or before December 31, 2028.
AI summary. Not an official summary. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
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Full history
- May 12, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- May 12, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- May 12, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- May 12, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.