New Homestead Act

Pigeon Lady · #1 05/26/04, 06:33 PM

http://dorgan.senate.gov/legislation...mesteadact.cfm

I just heard about this on PBS Nightly Business report and did a quick search.

I haven't yet read through it but thought I'd post it here anyway.

Pigeon Lady

**Shrek** · #2 05/26/04, 07:31 PM

no free land with this one. Tax credits for small businesses and student loan forgiveness for 5 year indenturment to rural areas.

uyk7 · #3 05/26/04, 07:52 PM

I signed up for the email updates. I'll take the write off for student loans and any grants I can get to start/expand my business.

John_in_Houston · #4 05/26/04, 11:37 PM

Quote:

Originally Posted by Shrek

no free land with this one. Tax credits for small businesses and student loan forgiveness for 5 year indenturment to rural areas.

Screw that, I want my quarter-section at a dollar an acre!

Pigeon Lady · #5 05/27/04, 10:35 AM

I want that "100 acres and a mule" deal. And a guarantee that no one"s going to build next door!

P.L.

bgak47 · #6 05/27/04, 11:17 AM

The original Homestead Act provided for a claim on 160 acres. To claim the land you had to stake the boundaries, erect a cabin or a house, improve the land(usually by planting a crop), & live on the land for 5yrs. Here in Oklahoma, several million acres were claimed from 1889 untill 1893. Many of our most promonent citizens started as Homesteaders & became rich. E.K.Gaylord came here & staked a claim on a few city lots in what would become OKC & started a newspaper.In 50yrs he had a strangle-hold on Oklahoma, & was a multi-millionair. The Gaylord fortune is based on free land & double-dealing.