A bill to amend the Internal Revenue Code of 1986 to expand the applicability of the first-time farmer exception.

Summary

Amends the Internal Revenue Code to treat the acquisition by a first-time farmer of land or personal property from a related person as not being an acquisition from a related person. Modifies the definition of "substantial farmland."

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

Timeline

1. 16 April 1996

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 16 April 1996

   Introduced

   Sponsor introductory remarks on measure. (CR S3401-3402)

   Source: IntroReferral

3. 16 April 1996

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 16 April 1996 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 16 April 1996

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 16 April 1996

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 16 April 1996

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Sen. Pressler, Larry [R-SD] · R · Sponsor
• Sen. Baucus, Max [D-MT] · D · Sponsor
• Sen. Moseley-Braun, Carol [D-IL] · D · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Exon, J. James [D-NE] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to expand the applicability of the first-time farmer exception.