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releases: https://adriansmith.house.gov/media/press-releases/smith-hosts-ways-and-means-meeting-opposing-stepped-basis-repeal

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://adriansmith.house.gov/media/press-releases/smith-hosts-ways-and-means-meeting-opposing-stepped-basis-repeal Smith Hosts Ways and Means Meeting Opposing Stepped-up Basis Repeal 2021-06-29 2021 2021-06 Republican House NE Adrian Smith S001172 adriansmith.house.gov adriansmith https://adriansmith.house.gov/media/press-releases scraper Washington, D.C. – Representatives Adrian Smith (R-NE), Ranking Republican on the Select Revenue Subcommittee, and Republican Leader of the Ways and Means Committee, Kevin Brady (R-TX), hosted a meeting today titled "Democrats' Supercharged Death Tax Targets Family-Owned Businesses and Farms, Costing 1 Million Jobs." The meeting provided committee members an opportunity to hear from agriculture producers and small businesses about the real negative impact the Biden Administration's proposal to repeal stepped-up basis would have on the next generation of farmers, ranchers, and manufacturers. Don Batie, a Third District farmer from Dawson County, spoke to the toll repealing stepped-up basis would have on passing his farm, which has been in his family since an initial Homestead Act claim was made in the 1870s, to the next generation. To see Batie's testimony, click here. "Stepped-up basis ensures family-owned farms, ranches, and small businesses carry on to the next generation, creating jobs and economic opportunity everywhere, particularly in rural America," said Smith. "I appreciate Don taking time today to share his story with our committee, illustrating the importance of this part of the tax code to families across our state who have farmed and ranched for generations." 1 2026-03-30T01:40:41Z 2026-04-06T19:57:00Z
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