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United States · Bill · S

S. 618 (96th)

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

12 March 1979

Last action

12 March 1979 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Melcher, John [D-MT]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Permits cash basis taxpayers to report as income, support or deficiency payments on wheat and feed grains received pursuant to the Food and Agriculture Act of 1977 in the taxable year in which the income normally received from the crops would have been reported.

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

Timeline

  1. 12 March 1979

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 12 March 1979

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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