S.4502

Farm Disaster Tax Cut Act

Introduced·5/12/26
Introduced

S. 4502

Introduced in Senate · May 14, 2026

May 12, 2026

Mr. Ossoff introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to exclude crop insurance indemnity payments from gross income.

Crop insurance indemnity payments

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Farm Disaster Tax Cut Act”.