Black Farmer Fairness Act of 2001

Black Farmer Fairness Act of 2001 - Amends the Internal Revenue Code to provide in the case of any person who is certified to be a member of the plaintiff class in the settlement of the consolidated actions entitled "Pigford, et al. v. Glickman," No. 97-1978 (D.D.C.) (PLF), and "Brewington, et al. v. Glickman" No. 98-1693 (D.D.C.) (PLF) (concerning relief from Federal tax liability arising from the settlement of claims brought by African American farmers against the Department of Agriculture for discrimination in farm credit and benefit programs) amounts received from the settlement of claims shall: (1) be excluded from taxation; and (2) not considered as income or resources when determining eligibility for any federally funded program.