H.R. 8591

H.R. 8591: No Capital Gains Tax on Family Farms Act

Introduced Thomas Massie (R) HOUSE_BILL — 119th Congress
Plain English Summary

H.R. 8591, titled the No Capital Gains Tax on Family Farms Act, likely aims to eliminate or reduce capital gains taxes specifically for family-owned farms. This would mean that when family farms sell their land or assets, they would not have to pay taxes on the profits made from those sales, potentially easing financial burdens and promoting the sustainability of family farming operations.

Positive Media Summary

Supporters of the No Capital Gains Tax on Family Farms Act argue that it will help preserve family farms, ensuring that they can remain in operation across generations. Media coverage highlights the potential for increased investment in farming, the promotion of rural economies, and the relief it provides to family farmers struggling with tax burdens.

Negative Media Summary

Critics of the No Capital Gains Tax on Family Farms Act express concerns that it could disproportionately benefit wealthier landowners and exacerbate economic inequalities. Some media outlets argue that eliminating capital gains taxes may reduce government revenue and undermine funding for essential public services, particularly in rural areas that rely on such funding.

Conflict of Interest Analysis Deep Analysis
0/10
Risk Level
Low
Total Donations
$0
PAC Percentage
0%
Policy Area
Taxation

The bill H.R. 8591: No Capital Gains Tax on Family Farms Act, sponsored by Thomas Massie, does not appear to have any direct conflicts of interest based on the campaign finance data provided. The sponsor's top donor industries do not overlap with the subject matter of the bill, which pertains to the taxation of family farms. Additionally, the lobbying activity in this bill's policy area does not involve any of the sponsor's top donors. Therefore, there is no evidence of a money trail that could suggest a conflict of interest. It is important for voters to know that the analysis of potential conflicts is based on the available data and does not necessarily capture all possible sources of influence. However, based on the data provided, there is no apparent conflict of interest.

Lobbying Activity — Who's Pushing?

Organizations that lobbied on issues related to this bill's policy area.

Client Lobbying Firm Amount
TE CONNECTIVITY CORPORATION TE CONNECTIVITY CORPORATION $360,000
AMERICAN INTERNATIONAL AUTOMOBILE DEALERS ASSOCIATION AMERICAN INTERNATIONAL AUTOMOBILE DEALERS ASSOCIATION $340,000
AMERICAN SEED TRADE ASSOCIATION AMERICAN SEED TRADE ASSOCIATION $45,000
SOCIETY FOR HUMAN RESOURCE MANAGEMENT PALLADIAN HILL STRATEGIES $37,500
AEMETIS, INC. TAX LEGISLATIVE SOLUTIONS, LLC $30,000
AEMETIS, INC. TAX LEGISLATIVE SOLUTIONS, LLC $30,000
HEALTH SUPPLY US LLC TSG ADVOCATES DC, LLC $20,000
THE JUDGE ROTENBERG EDUCATIONAL CENTER, INC. TSG ADVOCATES DC, LLC $20,000
MONARCH PRIVATE CAPITAL TAX LEGISLATIVE SOLUTIONS, LLC $20,000
KENTUCKY HOSPITAL ASSOCIATION TSG ADVOCATES DC, LLC $15,000
OHIO CHILDRENS HOSPITAL ASSOCIATION MCKINLEY STRATEGIES, LLC $15,000
AXOGEN, INC. LKB STRATEGIES LLC $15,000
AULTMAN HEALTH FOUNDATION MCKINLEY STRATEGIES, LLC $12,000
VIVOSIM LABS, INC. TSG ADVOCATES DC, LLC $10,000
CORNELL SCOTT-HILL HEALTH CENTER KOZAK & SALINA, LLC $7,500

Source: Senate Lobbying Disclosure Act (LDA) filings, 2026