Image courtesy office of Tracey Mann

Congressman Tracey Mann said the One Big Beautiful Bill Act, signed into law on July 4, includes several provisions aimed at supporting agriculture in both the short and long term.

Among the key provisions: the law prevents income tax increases, raises the estate tax exemption to $15 million per individual (indexed to inflation), and boosts crop insurance funding. Rep. Mann said these changes are critical for protecting family farms and supporting generational transitions in agriculture.

The legislation also strengthens the federal farm safety net by raising reference prices for key commodities and enhancing support programs for livestock producers. Some tax provisions are retroactive to January 1, 2025, while others will be phased in later this year.

Calling it a “Farm Bill 1.0,” Rep. Mann said the new law includes pieces of broader farm bill negotiations still underway. He added that farmers have responded positively, especially to the estate tax relief and tax certainty.

In addition to agricultural measures, the law includes funding for border security, air traffic control modernization, and trade programs like the Market Access Program (MAP) and Foreign Market Development (FMD), aimed at opening global markets for U.S. goods.

For everyday Kansans, Rep. Mann said the bill delivers lower tax rates, no taxes on overtime or tips, and policies designed to support a stronger economy and demand for American-made products.