February 28th, 2025
Representatives Jack Bergman (MI-01), Tracey Mann (KS-01) and Jimmy Panetta (CA-19), alongside House Agriculture Committee Chairman G.T. Thompson (PA-15), and House Agriculture Committee Ranking Member Angie Craig (MN-02) led 74 of their colleagues in reintroducing the bipartisan Family Farm and Small Business Exemption Act.
In July 2024, provisions from the Federal Application For Student Aid (FAFSA) Simplification Act altered the federal formula for determining student aid. The Family Farm and Small Business Exemption Act seeks to restore the decades-old standard that exempts the value of assets found on family farms and small business from being assessed as part of a family’s net worth. Senator Joni Ernst (R-IA) and Michael Bennet (D-CO) introduced the legislation in the U.S. Senate. back...
In July 2024, provisions from the Federal Application For Student Aid (FAFSA) Simplification Act altered the federal formula for determining student aid. The Family Farm and Small Business Exemption Act seeks to restore the decades-old standard that exempts the value of assets found on family farms and small business from being assessed as part of a family’s net worth. Senator Joni Ernst (R-IA) and Michael Bennet (D-CO) introduced the legislation in the U.S. Senate. back...
