A bill to amend the Internal Revenue Code of 1954 to provide for nonrecognition of gain on the sale or exchange of farm property under rules similar to the rules for nonrecognition of gain on the sale or exchange of a principal residence.

referredUnited States· United States Congress· EN

Introduced

26 August 1980

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to provide for the deferral of tax on the gain from the sale of property located in the United States which is used for the business of farming.

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 26 August 1980
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/house-bill/8028
Open data entity: https://api.congress.gov/v3/bill/96/hr/8028