A bill to amend the Internal Revenue Code of 1954 to provide farmers a refundable income tax credit for acreage with respect to which the farmer uses conservation tillage practices.

Summary

Amends the Internal Revenue Code to provide farmers a refundable income tax credit based on the number of soil conservation acres which they utilize. Defines "soil conservation acres" as land owned by the taxpayer which is used in farming in which only conservation tillage practices are used (procedures which reduce soil erosion by minimizing the amount of plowing). Reduces the credit by the amount of governmental grants received for the purpose of carrying out conservation tillage practices.

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

Timeline

1. 4 August 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 4 August 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 August 1981

   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 · 4 August 1981

  Open at official source

Sponsors

• Rep. Tauke, Thomas Joseph [R-IA-2] · R · Sponsor
• Rep. Beilenson, Anthony C. [D-CA-24] · D · Sponsor
• Rep. Erdahl, Arlen [R-MN-1] · R · Sponsor
• Rep. Neal, Stephen L. [D-NC-5] · D · Sponsor
• Rep. Railsback, Thomas F. [R-IL-19] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide farmers a refundable income tax credit for acreage with respect to which the farmer uses conservation tillage practices.