# 119-hr-1131: Family Farm and Small Business Exemption Act

119-hr-1131, Family Farm and Small Business Exemption Act, is a 119th Congress bill sponsored by Rep. Mann, Tracey [R-KS-1] (R-KS); status introduced; PRIA reads it as touching household money (as of 2026-08-05).

- Canonical: https://policyrisk.com/legislation/119-hr-1131
- As of: 2026-08-05
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1131
- Congress: 119
- Title: Family Farm and Small Business Exemption Act
- Status: introduced
- Introduced: 2025-02-07
- Sponsor: Rep. Mann, Tracey [R-KS-1] (R-KS)
- Cosponsors: 89
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2026-08-05

## Summary

**Exempts family farms and small family-owned businesses from federal student aid asset calculations.** The bill would change the Title IV "net value" test so a family farm where the family lives and a family-owned small business with up to 100 full-time or full-time-equivalent employees would not be counted as assets in need analysis for award years beginning after enactment. That change would increase calculated financial need for students from those families.

## Cosponsors (89)

- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2025-02-07T00:00:00.000Z
- Rep. Thompson, Glenn [R-PA-15] (R-PA), 2025-02-07T00:00:00.000Z
- Rep. Craig, Angie [D-MN-2] (D-MN), 2025-02-07T00:00:00.000Z
- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2025-02-07T00:00:00.000Z
- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-02-07T00:00:00.000Z
- Rep. Ellzey, Jake [R-TX-6] (R-TX), 2025-02-07T00:00:00.000Z
- Rep. Hageman, Harriet M. [R-WY-At Large] (R-WY), 2025-02-07T00:00:00.000Z
- Rep. Sorensen, Eric [D-IL-17] (D-IL), 2025-02-07T00:00:00.000Z
- Rep. Finstad, Brad [R-MN-1] (R-MN), 2025-02-07T00:00:00.000Z
- Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] (R-TN), 2025-02-07T00:00:00.000Z
- Rep. Graves, Sam [R-MO-6] (R-MO), 2025-02-07T00:00:00.000Z
- Rep. Cline, Ben [R-VA-6] (R-VA), 2025-02-07T00:00:00.000Z
- Rep. Hinson, Ashley [R-IA-2] (R-IA), 2025-02-07T00:00:00.000Z
- Rep. Bost, Mike [R-IL-12] (R-IL), 2025-02-07T00:00:00.000Z
- Rep. Costa, Jim [D-CA-21] (D-CA), 2025-02-07T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2025-02-07T00:00:00.000Z
- Rep. Scott, Austin [R-GA-8] (R-GA), 2025-02-07T00:00:00.000Z
- Rep. DesJarlais, Scott [R-TN-4] (R-TN), 2025-02-07T00:00:00.000Z
- Rep. Edwards, Chuck [R-NC-11] (R-NC), 2025-02-07T00:00:00.000Z
- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2025-02-07T00:00:00.000Z
- Rep. Maloy, Celeste [R-UT-2] (R-UT), 2025-02-07T00:00:00.000Z
- Rep. Tokuda, Jill N. [D-HI-2] (D-HI), 2025-02-07T00:00:00.000Z
- Rep. Bergman, Jack [R-MI-1] (R-MI), 2025-02-07T00:00:00.000Z
- Rep. Van Orden, Derrick [R-WI-3] (R-WI), 2025-02-07T00:00:00.000Z
- Rep. Franklin, Scott [R-FL-18] (R-FL), 2025-02-07T00:00:00.000Z
- Rep. Zinke, Ryan K. [R-MT-1] (R-MT), 2025-02-07T00:00:00.000Z
- Rep. Smith, Adrian [R-NE-3] (R-NE), 2025-02-07T00:00:00.000Z
- Rep. Schmidt, Derek [R-KS-2] (R-KS), 2025-02-07T00:00:00.000Z
- Rep. Moolenaar, John R. [R-MI-2] (R-MI), 2025-02-07T00:00:00.000Z
- Rep. Smith, Jason [R-MO-8] (R-MO), 2025-02-07T00:00:00.000Z
- Rep. Perez, Marie Gluesenkamp [D-WA-3] (D-WA), 2025-02-07T00:00:00.000Z
- Rep. Rouzer, David [R-NC-7] (R-NC), 2025-02-07T00:00:00.000Z
- Rep. Miller, Mary E. [R-IL-15] (R-IL), 2025-02-07T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2025-02-07T00:00:00.000Z
- Rep. Messmer, Mark B. [R-IN-8] (R-IN), 2025-02-07T00:00:00.000Z
- Rep. Fallon, Pat [R-TX-4] (R-TX), 2025-02-07T00:00:00.000Z
- Rep. Bacon, Don [R-NE-2] (R-NE), 2025-02-07T00:00:00.000Z
- Rep. Webster, Daniel [R-FL-11] (R-FL), 2025-02-07T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-02-07T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2025-02-07T00:00:00.000Z
- Rep. Newhouse, Dan [R-WA-4] (R-WA), 2025-02-07T00:00:00.000Z
- Rep. Valadao, David G. [R-CA-22] (R-CA), 2025-02-07T00:00:00.000Z
- Rep. Guest, Michael [R-MS-3] (R-MS), 2025-02-07T00:00:00.000Z
- Rep. Self, Keith [R-TX-3] (R-TX), 2025-02-07T00:00:00.000Z
- Rep. Hudson, Richard [R-NC-9] (R-NC), 2025-02-07T00:00:00.000Z
- Rep. Fong, Vince [R-CA-20] (R-CA), 2025-02-07T00:00:00.000Z
- Rep. Downing, Troy [R-MT-2] (R-MT), 2025-02-07T00:00:00.000Z
- Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA), 2025-02-07T00:00:00.000Z
- Rep. Moore, Barry [R-AL-1] (R-AL), 2025-02-07T00:00:00.000Z
- Rep. Evans, Gabe [R-CO-8] (R-CO), 2025-02-07T00:00:00.000Z
- Rep. Feenstra, Randy [R-IA-4] (R-IA), 2025-02-07T00:00:00.000Z
- Rep. McDonald Rivet, Kristen [D-MI-8] (D-MI), 2025-02-07T00:00:00.000Z
- Rep. Flood, Mike [R-NE-1] (R-NE), 2025-02-07T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-02-07T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-02-07T00:00:00.000Z
- Rep. Scholten, Hillary J. [D-MI-3] (D-MI), 2025-02-07T00:00:00.000Z
- Rep. Joyce, John [R-PA-13] (R-PA), 2025-02-07T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2025-02-07T00:00:00.000Z
- Rep. McCaul, Michael T. [R-TX-10] (R-TX), 2025-02-07T00:00:00.000Z
- Rep. Kelly, Mike [R-PA-16] (R-PA), 2025-02-07T00:00:00.000Z
- Rep. Salinas, Andrea [D-OR-6] (D-OR), 2025-02-07T00:00:00.000Z
- Rep. LaMalfa, Doug [R-CA-1] (R-CA), 2025-02-07T00:00:00.000Z
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA), 2025-02-07T00:00:00.000Z
- Rep. Kelly, Trent [R-MS-1] (R-MS), 2025-02-07T00:00:00.000Z
- Rep. Ezell, Mike [R-MS-4] (R-MS), 2025-02-07T00:00:00.000Z
- Rep. Wittman, Robert J. [R-VA-1] (R-VA), 2025-02-07T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2025-02-07T00:00:00.000Z
- Rep. Cole, Tom [R-OK-4] (R-OK), 2025-02-07T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2025-02-07T00:00:00.000Z
- Rep. Baird, James R. [R-IN-4] (R-IN), 2025-02-07T00:00:00.000Z
- Rep. Jackson, Ronny [R-TX-13] (R-TX), 2025-02-07T00:00:00.000Z
- Rep. LaLota, Nick [R-NY-1] (R-NY), 2025-02-07T00:00:00.000Z
- Rep. Carter, Troy A. [D-LA-2] (D-LA), 2025-02-07T00:00:00.000Z
- Rep. Collins, Mike [R-GA-10] (R-GA), 2025-02-07T00:00:00.000Z
- Rep. Balderson, Troy [R-OH-12] (R-OH), 2025-02-07T00:00:00.000Z
- Rep. Bilirakis, Gus M. [R-FL-12] (R-FL), 2025-02-07T00:00:00.000Z
- Rep. Fischbach, Michelle [R-MN-7] (R-MN), 2025-02-07T00:00:00.000Z
- Rep. Ciscomani, Juan [R-AZ-6] (R-AZ), 2025-02-07T00:00:00.000Z
- Rep. Owens, Burgess [R-UT-4] (R-UT), 2025-02-07T00:00:00.000Z
- Rep. Rose, John W. [R-TN-6] (R-TN), 2025-02-10T00:00:00.000Z
- Rep. Davids, Sharice [D-KS-3] (D-KS), 2025-02-11T00:00:00.000Z
- Rep. Fedorchak, Julie [R-ND-At Large] (R-ND), 2025-02-11T00:00:00.000Z
- Rep. Barrett, Tom [R-MI-7] (R-MI), 2025-02-13T00:00:00.000Z
- Rep. Moore, Tim [R-NC-14] (R-NC), 2025-02-26T00:00:00.000Z
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA), 2025-03-18T00:00:00.000Z
- Rep. Letlow, Julia [R-LA-5] (R-LA), 2025-03-31T00:00:00.000Z
- Rep. Harder, Josh [D-CA-9] (D-CA), 2025-07-10T00:00:00.000Z
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA), 2025-09-09T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2026-06-29T00:00:00.000Z

## Provisions PRIA read

- College aid: exclude family farm and business: benefit, medium. If enacted, federal student aid asset tests would not count the net value of a family farm you live on. They would also not count the net value of a small business you own and control, if it has 100 or fewer full-time or full-time-equivalent employees. This would apply to need analysis for award ye…

## Related bills

- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-1502: North Platte Canteen Congressional Gold Medal Act
- 119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act

## Sources
- [119-hr-1131 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1131)

## Related
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-1502: North Platte Canteen Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1502)
- [119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1628)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1131 (as of 2026-08-05).
