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United States · Bill · S

S. 2327 (95th)

A bill to amend the Internal Revenue Code of 1954 to allow the payment of income tax on certain income support or deficiency payments to wheat and feed grain producers to be made in the year when the income normally received from the crops have been reported.

referredUnited States· United States Congress· EN

Introduced

22 November 1977

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Allows certain cash payments received by farmers pursuant to the Food and Agriculture Act of 1977 to be included in gross income in the year the income from the crops would have been reported rather than the year the payments are received.

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Documents

1 official file

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Sources

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