Rural Communities

HYDE-SMITH INTRODUCES BILL TO SAVE FAMILY FARMS FROM THE FEDERAL ‘DEATH TAX’

The ‘HERITAGE Act’ Updates IRS Valuation Limits to Allow More Families to Keep Their Farms After a Family Death

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today introduced the HERITAGE Act, legislation to ensure family farms and ranches can survive by helping heirs avoid having to sell productive farmland to pay federal estate or “death” taxes. 

Hyde-Smith’s Helping Ensure Rural Inheritance Transfers...

HYDE-SMITH BILL AIMS TO INCREASE THE USE OF U.S. COTTON WITH NEW TAX CREDIT

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today announced her introduction of legislation to create a tax credit that incentivizes the consumption of more products made with U.S.-grown cotton.

The Buying American Cotton Act (S.1919) would authorize transferable tax credits on the sale of cotton products, including but not limited to apparel, home textiles, and nonwovens that are either fully...

MISS. CONGRESSIONAL DELEGATION APPLAUDS TRUMP FOR APPROVING FEDERAL DISASTER DECLARATION FOR MISSISSIPPI

WASHINGTON, D.C. – U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) and U.S. Representatives Bennie Thompson (D-Miss.), Trent Kelly (R-Miss.), Michael Guest (R-Miss.), and Mike Ezell (R-Miss.) today applauded President Trump for approving Mississippi’s request for a major disaster declaration following deadly severe weather and tornadoes that struck the state on March 14...