A bill to amend the Internal Revenue Code of 1954 to allow a charitable contribution deduction to farmers who donate agricultural products to assist victims of natural disasters.

referredUnited States· United States Congress· EN

Introduced

23 July 1986

Last action

23 July 1986 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Thurmond, Strom [R-SC], Sen. Hollings, Ernest F. [D-SC], Sen. Grassley, Chuck [R-IA], Sen. Zorinsky, Edward [D-NE], Sen. Boren, David L. [D-OK], Sen. Abdnor, James [R-SD], Sen. Denton, Jeremiah [R-AL], Sen. Cochran, Thad [R-MS], Sen. Rockefeller, John D., IV [D-WV], Sen. Helms, Jesse [R-NC], Sen. Nickles, Don [R-OK], Sen. Quayle, Dan [R-IN], Sen. Simpson, Alan K. [R-WY], Sen. Mattingly, Mack [R-GA], Sen. Nunn, Sam [D-GA], Sen. Exon, J. James [D-NE], Sen. Pryor, David H. [D-AR], Sen. Wallop, Malcolm [R-WY], Sen. Gore, Albert, Jr. [D-TN], Sen. Heflin, Howell [D-AL], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Hecht, Chic [R-NV], Sen. Cohen, William S. [R-ME], Sen. Simon, Paul [D-IL], Sen. Andrews, Mark [R-ND], Sen. Wilson, Pete [R-CA], Sen. Burdick, Quentin N. [D-ND], Sen. Hawkins, Paula [R-FL], Sen. Trible, Paul S., Jr. [R-VA]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Official source View documents Share

Summary

Amends the Internal Revenue Code to allow a charitable contribution deduction to farmers who donate agricultural products to assist victims of a drought, flood, or other natural disaster. Provides that the amount of the deduction shall equal the wholesale market value of such agricultural product.

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

Timeline

23 July 1986
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
23 July 1986
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

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Introduced in Senate
summary · EN · 23 July 1986
Open at official source

Related records

related to → A bill to provide tax deductions to those who provide contributions of agricultural property for victims of natural disasters.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/99th-congress/senate-bill/2680
Open data entity: https://api.congress.gov/v3/bill/99/s/2680
us · 99-s-2680 · source updated 3 January 2025