Introduced by Sen. Mitch McConnell, the Protecting American Farmlands Act aims to combat the issue through capital gains tax relief that keeps agricultural land in the hands of active producers.
According to the USDA’s 2022 Agriculture Census, farms a Kentucky dropped from 75,966 in 2017 to 69,425 in 2022.
United States Senator Mitch McConnell introduced the Protecting American Farmlands Act on Tuesday, a bill to provide farmers ...
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