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HR 2353 101th Congress House Taxation Accounting Agricultural cooperatives Agricultural economics Business losses Capital gains tax Income tax

To amend the Internal Revenue Code of 1986 to allow non-exempt farmer cooperatives to elect patronage-sourced treatment for certain gains and losses.

Introduced: May 16, 1989 See on congress.gov
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 1989
Referred to the House Committee on Ways and Means.
May 16, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow farmers' cooperatives to elect to treat as ordinary income or loss certain capital gains and losses from the disposition of assets used in conducting business with or for patrons.

What's happening now May 16, 1989

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 1273 Identical bill A bill to amend the Internal Revenue Code of 1986 with respect to treatment by cooperatives of gains or losses from sal…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Wyden, Ron
Oregon · May 16, 1990
 D
Durbin, Richard J.
Illinois · May 16, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2353: To amend the Internal Revenue Code of 1986 to allow non-exempt farmer cooperatives to elect patronage-sourced treatment for certain gains and losses.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-2353/
MLA
"H.R. 2353: To amend the Internal Revenue Code of 1986 to allow non-exempt farmer cooperatives to elect patronage-sourced treatment for certain gains and losses.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-2353/.
Bluebook (legal)
H.R. 2353, 101st Cong. (2026), https://openamerica.io/bill/101-HR-2353/.
Markdown link
[H.R. 2353: To amend the Internal Revenue Code of 1986 to allow non-exempt farmer cooperatives to elect patronage-sourced treatment for certain gains and losses.](https://openamerica.io/bill/101-HR-2353/)
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