HR. 1131In Committee
Family Farm and Small Business Exemption Act
Plain-English overview
What this bill does
Restores a FAFSA asset exemption for family farms where the family lives and family-owned small businesses with up to 100 employees when calculating student aid eligibility
Key points
- Restore FAFSA asset exemption
Current status
Where it stands
Status
In Committee
Latest action
2025-02-07 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.