Representatives Massie and Gluesenkamp Perez introduced a bipartisan bill to eliminate capital gains taxes on family farm transfers.
Quiver AI Summary
Representatives Massie and Gluesenkamp Perez propose tax reform: U.S. Representatives Thomas Massie (R-KY) and Marie Gluesenkamp Perez (D-WA) have introduced the bipartisan H.R. 8591, known as the "No Capital Gains Tax on Family Farms Act," aimed at eliminating capital gains taxes on family farm sales among relatives.
Details of the legislation: The bill allows for tax-free transfers of farm property between family members, which the representatives claim will reduce financial pressure to sell farmland for development. It also includes provisions to maintain the original basis of the property for ten years to discourage immediate reselling.
Support and implications: This bill is supported by several co-sponsors from both major parties and is positioned as a strategy to support multigenerational farming, address agricultural land fragmentation, and promote long-term family ownership of farms, according to the sponsors.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Check out the Quiver Quantitative API to build on top of data on congressional stock trading, insider transactions, hedge fund moves, and more.
Thomas Massie Fundraising
Thomas Massie recently disclosed $2.5M of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 16th most from all Q1 reports we have seen this year. 98.9% came from individual donors.
Massie disclosed $3.2M of spending. This was the 13th most from all Q1 reports we have seen from politicians so far this year.
Massie disclosed $1.5M of cash on hand at the end of the filing period. This was the 297th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Thomas Massie's fundraising on Quiver Quantitative.
Thomas Massie Net Worth
Quiver Quantitative estimates that Thomas Massie is worth $3.1M, as of May 1st, 2026. This is the 217th highest net worth in Congress, per our live estimates.
Massie has approximately $33.9K invested in publicly traded assets which Quiver is able to track live.
You can track Thomas Massie's net worth on Quiver Quantitative's politician page for Massie.
Thomas Massie Bill Proposals
Here are some bills which have recently been proposed by Thomas Massie:
- H.R.8470: Surveillance Accountability Act
- H.R.7880: Interstate Milk Freedom Act of 2026
- H.R.7601: No Immunity for Glyphosate Act
- H.R.6508: NATO Act
- H.R.5811: Restoring America’s Leadership in Innovation Act of 2025
- H.R.5704: Repeal the Smith-Mundt Modernization Act of 2013
You can track bills proposed by Thomas Massie on Quiver Quantitative's politician page for Massie.
2026 Kentucky's 4th Congressional District Election
There has been approximately $23,603,955 of spending in Kentucky's 4th congressional district elections over the last two years, per our estimates.
Approximately $15,538,570 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- MAGA KY ($4,537,421)
- KENTUCKY 4TH PAC ($3,418,800)
- RJC VICTORY FUND ($2,882,464)
- UNITED DEMOCRACY PROJECT ('UDP') ($1,366,550)
- KENTUCKY FIRST PAC ($1,006,986)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Kentucky's 4th congressional district election.
