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United States · Bill · HR

H.R. 5197 (97th)

Drought Income Deferral Act of 1981

referredUnited States· United States Congress· EN

Introduced

11 December 1981

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Drought Income Deferral Act of 1981 - Amends the Internal Revenue Code to allow the Secretary of Agriculture, after consultation with the Secretary of the Treasury, to designate drought areas for purposes of allowing the special tax treatment for the proceeds from livestock sold on account of drought.

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Documents

1 official file

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Sources

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