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United States · Bill · S

S. 3224 (96th)

Family Farm Preservation Act

referredUnited States· United States Congress· EN

Introduced

20 November 1980

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Family Farm Preservation Act - Amends the Internal Revenue Code to require the inclusion in the unrelated business taxable income of an employee benefit plan of any gain from the sale or exchange of, and rents from, open land used for pasturage of livestock and farmland. Requires that deductions directly connected with such gain or rents be taken into account.

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Documents

1 official file

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Sources

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