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HR 1131 · in committee · major

Family Farm and Small Business Exemption Act

What this bill does

  • This bill restores an exemption that excludes family farm and small business net worth from federal student aid eligibility calculations.
  • It affects students whose families own farms where they reside or small businesses with 100 or fewer employees.
  • The exemption applies starting with the 2024-2025 academic year and reverses recent FAFSA calculation changes.

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Community Threads

Started by Cosponsor

  1. 01

    How might restoring this exemption affect federal student aid distribution among students from different economic backgrounds?

  2. 02

    What evidence supports the claim that family farm and small business assets should be treated differently than other household wealth in aid calculations?

  3. 03

    Which student populations could receive less aid if resources shift toward families with farm or small business assets under this exemption?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-KS-1

Tracey Mann

Citizen cosponsors

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In Congress

88/ 435

House Reps cosponsoring

Introduced 2025-02-07

Joining the bill

+ 76 more

Legislative timeline

  1. 2025-02-07 · house · IntroReferral

    Referred to the House Committee on Education and Workforce.

  2. 2025-02-07 · IntroReferral

    Introduced in House

  3. 2025-02-07 · IntroReferral

    Introduced in House

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