Kentucky Farm Bureau President Eddie Melton commented today on the inclusion of capital gains tax relief to help keep agricultural land in production in the recently passed One Big Beautiful Bill Act.

“We are excited to see the inclusion of capital gains tax relief in the One Big Beautiful Bill Act. This is a direct result of Senator Mitch McConnell’s efforts on the issue, which includes his legislation, the Protecting American Farmlands Act. This is a crucial first step in providing America’s farmers capital gains relief while incentivizing keeping farmland in the hands of active farmers. This will provide farmers with another tool when looking to transition their land while also addressing the drastic loss of farmland across the country. Senator McConnell has long been a champion for Kentucky agriculture, and this legislation is a testament to his commitment to the American farmer and the future security of America’s food supply.”