Family Farm Retirement Equity Act of 1993

Summary

Family Farm Retirement Equity Act of 1993 - Amends the Internal Revenue Code with respect to nontaxable exchanges to allow the rollover of gain from the sale of a qualified farm asset into one or more individual retirement plans, to be known as asset rollover accounts. Denies an itemized deduction for contributions to such accounts and sets forth contribution limitations. Provides that rollover contributions to an asset rollover account may be made only from other such accounts. Sets forth reporting requirements for individuals making contributions to such accounts and taxes excess contributions.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 May 1993

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 May 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 May 1993

  Open at official source

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