HR 835
102th Congress
House
Taxation
Accounting
Agricultural economics
Business losses
Farmers
Income tax
Tax shelters
Farm and Woodland Owners Tax Simplification Act of 1991
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 1991
Referred to the House Committee on Ways and Means.
Feb 5, 1991
Introduced in House
Plain-English summary
Farm and Woodland Owners Tax Simplification Act of 1991 - 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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1