What is the official ID of this bill?

The official print number for this legislation is HR 3420.

When did the legislative process begin?

The process officially started on 2021-05-20.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/hr3420/BILLS-117hr3420ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

Who is the primary sponsor?

The primary sponsor is Rep. McCaul, Michael T. [R-TX-10].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Analysis and Potential Impact of HR 3420

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Tax Relief for Young Agriculturists: Up to $5,000 Income Exemption

Q: What are the main provisions?

Key points include: Young agriculturists (under 22) from programs like FFA or 4-H can exclude certain gains from their income tax. The tax exemption applies to gains up to $5,000 annually from selling livestock, crops, or agricultural mechanics projects. These changes take effect for tax years beginning after the act's enactment, offering real savings for eligible students.

This act introduces a new tax benefit for young individuals involved in agriculture. It allows student agriculturists who sell agricultural products or related projects to exclude up to $5,000 of their annual gains from gross income. This aims to provide financial support to young people developing skills in this field.

Key points

Young agriculturists (under 22) from programs like FFA or 4-H can exclude certain gains from their income tax.

The tax exemption applies to gains up to $5,000 annually from selling livestock, crops, or agricultural mechanics projects.

These changes take effect for tax years beginning after the act's enactment, offering real savings for eligible students.

article Official text account_balance Process page notifications_active Track this Bill

gavel

Status:

Expired

Record your position for audit.

Why does your vote on bills matter?

It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.

Additional Information

Student Agriculture Protection Act of 2021

Print number: HR 3420

Sponsor: Rep. McCaul, Michael T. [R-TX-10]

Process start date: 2021-05-20

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash-preview-05-20

Source data: api.congress.gov

AI work logs for this document launch

Tax Relief for Young Agriculturists: Up to $5,000 Income Exemption

Key Questions about Tax Relief for Young Agriculturists: Up to $5,000 Income Exemption