This report examines two provisions added to the Federal estate tax law by the Tax Reform Act of 1976 to help farm families retain farmland after the death of the owner. made this review to determine whether the two special provisions have been effective in promoting the stated congressional objective of reducing the number of family farms sold to pay estate taxes. Information from this report was previously provided to your committees in the consideration of the Economic Recovery Tax Act of 1981. We are sending copies of this report to the Director, Office of Management and Budget, the Secretary of Agriculture, and the Secretary of the Treasury. Shilton J. Focolar Acting Comptroller General |