A bill to amend the Internal Revenue Code of 1986 to provide an exclusion for gain from the sale of farmland which is similar to the exclusion from gain on the sale of a principal residence.

Summary

Amends the Internal Revenue Code to provide for a limited exclusion from gross income of gain from the sale or exchange of qualified farm property.

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

Timeline

1. 28 January 1999

   Introduced

   Sponsor introductory remarks on measure. (CR S1076-1077)

   Source: IntroReferral

2. 28 January 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 28 January 1999

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 January 1999 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 January 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 January 1999

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 28 January 1999

  Open at official source

Sponsors

• Rep. Dorgan, Byron L. [D-ND-At Large] · D · Sponsor
• Sen. Hagel, Chuck [R-NE] · R · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Cosponsor
• Sen. Coverdell, Paul [R-GA] · R · Cosponsor
• Sen. Lincoln, Blanche L. [D-AR] · D · Cosponsor
• Rep. Johnson, Tim [D-SD-At Large] · D · Cosponsor
• Sen. Daschle, Thomas A. [D-SD] · D · Cosponsor
• Sen. Gorton, Slade [R-WA] · R · Cosponsor
• Sen. Fitzgerald, Peter [R-IL] · R · Cosponsor
• Sen. Cleland, Max [D-GA] · D · Cosponsor
• Sen. Miller, Zell [D-GA] · D · Cosponsor
• · ssfi00 · Standing

Related records

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