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United States · Bill · S

S. 1674 (104th)

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

referredUnited States· United States Congress· EN

Introduced

16 April 1996

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

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."

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Votes

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Versions

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Documents

3 official files

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Sources

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