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United States · Bill · HR

H.R. 10416 (94th)

A bill to amend the Internal Revenue Code of 1954 to allow deferral of gain from sale or exchange of certain livestock due to flooding.

referredUnited States· United States Congress· EN

Introduced

29 October 1975

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Allows deferral of gain for tax purposes from the sale or exchange of livestock due to flooding by authorizing the treatment of such sale or exchange as an involuntary conversion under the Internal Revenue Code.

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Versions

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Documents

1 official file

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Sources

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