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HR 1086 101th Congress House Taxation Accounting Agricultural economics Business losses Farmers Income tax Tax shelters

Farm and Woodland Owners Tax Simplification Act of 1989

Introduced: February 22, 1989 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 22, 1989
Referred to the House Committee on Ways and Means.
Feb 22, 1989
Introduced in House
 Plain-English summary Congressional Research Service

Farm and Woodland Owners Tax Simplification Act of 1989 - Amends the Internal Revenue Code to consider a taxpayer as materially participating in a farming activity for tax accounting purposes if he or she, on a regular and continuing basis, makes substantially all significant decisions and performs substantially all the work required to conduct the activity.

What's happening now February 22, 1989

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1