# 119-s-1927: HERITAGE Act

119-s-1927, HERITAGE Act, is a 119th Congress bill sponsored by Sen. Hyde-Smith, Cindy [R-MS] (R-MS); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-1927
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1927
- Congress: 119
- Title: HERITAGE Act
- Status: introduced
- Introduced: 2025-06-03
- Sponsor: Sen. Hyde-Smith, Cindy [R-MS] (R-MS)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Creates a bigger estate-tax valuation break for qualifying family farms.** This bill would amend Section 2032A to replace the single $750,000 valuation cap with a two-tier limit tied to how the land is used.

## Provisions PRIA read

- Bigger estate tax break for farms: benefit, high. If enacted, the bill would let estates with certain farm real property reduce taxable estate value by up to $15,000,000. For other qualifying farm property, the cap would remain $750,000. These changes would apply to estates of people who die after the law is enacted.

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-2465: Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2026
- 119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025
- 119-s-1748: Kids Online Safety Act
- 119-s-4842: American Food Supply Chain Resiliency Act
- 119-s-1874: Title VIII Nursing Workforce Reauthorization Act of 2026

## Sources
- [119-s-1927 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1927)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-2465: Transportation, Housing and Urban Development, and Related Agencies Appropriati…](https://policyrisk.com/legislation/119-s-2465)
- [119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025](https://policyrisk.com/legislation/119-s-688)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4842: American Food Supply Chain Resiliency Act](https://policyrisk.com/legislation/119-s-4842)
- [119-s-1874: Title VIII Nursing Workforce Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-1874)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1927 (as of 2025-12-21).