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, or a member of the decedent's spouse'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. 10 April 1997

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 10 April 1997

   Introduced

   Sponsor introductory remarks on measure. (CR S3020-3021)

   Source: IntroReferral

3. 10 April 1997

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 10 April 1997 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 April 1997

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 April 1997

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 10 April 1997

  Open at official source

Sponsors

• Sen. Lugar, Richard G. [R-IN] · R · Sponsor
• · ssfi00 · Standing

Related records

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