A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.

Summary

Amends the Internal Revenue Code to exempt farmers from the highway use tax on heavy trucks if the farmer: (1) uses such vehicle primarily for farming purposes; and (2) is not a corporation with gross recipts in excess of $950,000 or with gross receipts more than 50 percent of which are from activities other than farming.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 February 1976

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 18 February 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 February 1976

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 18 February 1976

  Open at official source

Sponsors

• Rep. Meyner, Helen S. [D-NJ-13] · D · Sponsor
• Rep. Jones, Walter B. [D-NC-1] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.
• related to ← A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.