A bill to amend the Internal Revenue Code of 1986 to provide that certain cash rentals of farmland will not cause recapture of special estate tax valuation.

Summary

Amends the Internal Revenue Code to provide that cash rental of farmland to a member of the decedent's family for a qualified use will not cause recapture of the special estate tax valuation.

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

Timeline

1. 27 January 1993

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 27 January 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 27 January 1993

   Introduced

   Sponsor introductory remarks on measure. (CR S799-800)

   Source: IntroReferral

4. 5 October 1994

   Committee

   Subcommittee on Energy and Agricultural Taxation. Hearings held. Hearings printed: S.Hrg. 103-1025.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 27 January 1993 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 January 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 January 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 27 January 1993

  Open at official source

Sponsors

• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• Rep. Dorgan, Byron L. [D-ND-At Large] · D · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Sen. Kassebaum, Nancy Landon [R-KS] · R · Sponsor
• Rep. Baucus, Max [D-MT-1] · D · Cosponsor
• Sen. Wofford, Harris [D-PA] · D · Cosponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Sen. Exon, J. James [D-NE] · D · Cosponsor
• Sen. Boren, David L. [D-OK] · D · Cosponsor
• Sen. Kerrey, J. Robert [D-NE] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to provide that certain cash rentals of farmland will not cause recapture of the special estate tax valuation.