Bill Summary: H.R. 1301, the Death Tax Repeal Act of 2025 would permanently repeal the federal estate tax and the generation-skipping transfer tax. This would lift a crushing burden off family-owned farms, ranches, and small businesses by ensuring they can be passed down without triggering massive tax bills that often force families to sell land or assets just to pay the IRS.

Status: Referred to the House Committee on Ways and Means, on which I serve.

Our Take: 

For family farmers, the estate tax is a threat to everything generations have built. When a farmer passes away, their land, livestock, and equipment are counted as assets. And if the total value exceeds $13.61 million—something that’s not hard to reach with today’s land prices—the IRS shows up, demanding 40% of the value.

That’s unfair, unjust, and unworkable.

Most farms aren’t cash-rich. Therefore, families are forced to sell off land or take on enormous debt in order to keep the farm in the family. It’s devastating. And it’s happening across rural America.

The Death Tax Repeal Act would finally end this: no more punishing families for passing along the family farm, and no more government grab at the moment of greatest vulnerability.

Farmers don’t ask for much. Just the chance to work the land, provide for their families, and hand something down to the next generation. Repealing the death tax helps make that possible, which is why I have co-sponsored and advocated for this issue in each of my terms in the House.