,,ii #aagth ,,congress #ast ,session ,s4 #cjgg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,october #bf1 #bjba,ms4 ,cortez ,masto introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the limitation on the estate tax valuation of certain real property used in farming or other trades or businesses4 #a4 ,short title ,this ,act may be cited as the ,preserving ,family ,farms ,act of #bjba4 #b4 ,increase in limitation on the estate tax valuation of certain real property used in farming or other trades or businesses 7a7 ,in general ,section #bjcb;,a7a77#b7 of the ,internal ,revenue ,code of #aihf is amended by striking #gej1jjj and inserting #aa1gjj1jjj4 7b7 ,inflation adjustment ,section #bjcb;,a7a77#c7 of such ,code is amended-- 7#a7 by striking #gej1jjj both places it appears and inserting #aa1gjj1jjj1 7#b7 by striking #aiih in the matter preceding subparagraph 7,a7 and inserting #bjba1 and 7#c7 by striking #aiig in subparagraph 7,b7 and inserting #bjbj4 7c7 ,effective date ,the amendments made by this section shall apply to the estates of decedents dying after the date of the enactment of this ,act4