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S 545 103th Congress Senate Taxation Accounting Agricultural cooperatives Agricultural economics Business losses Earnings Income tax

A bill to amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from certain dispositions in the determination of net earnings, and for other…

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A bill to amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from certain dispositions in the determination of net earnings, and for other purposes.

Introduced: March 10, 1993 See on congress.gov
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 5, 1994
Subcommittee on Energy and Agricultural Taxation. Hearings held. Hearings printed: S.Hrg. 103-1025.
Mar 10, 1993
Read twice and referred to the Committee on Finance.
Mar 10, 1993
Sponsor introductory remarks on measure. (CR S2641-2642)
Mar 10, 1993
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow farmers' cooperatives to include gains or losses from the sale or other disposition of assets in net earnings from business done with or for patrons if the assets were used to facilitate the conduct of business.

What's happening now October 5, 1994

Subcommittee on Energy and Agricultural Taxation. Hearings held. Hearings printed: S.Hrg. 103-1025.

 Related & companion bills 1
  • HR 1931 Identical bill To amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from cert…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Apr 27, 1993
Cite this page click to expand
APA
U.S. Congress. (2026). S. 545: A bill to amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from certain dispositions in the determination of net earnings, and for other purposes.. 103rd Congress. Open America. https://openamerica.io/bill/103-S-545/
MLA
"S. 545: A bill to amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from certain dispositions in the determination of net earnings, and for other purposes.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-S-545/.
Bluebook (legal)
S. 545, 103rd Cong. (2026), https://openamerica.io/bill/103-S-545/.
Markdown link
[S. 545: A bill to amend the Internal Revenue Code of 1986 to allow farmers' cooperatives to elect to include gains or losses from certain dispositions in the determination of net earnings, and for other purposes.](https://openamerica.io/bill/103-S-545/)
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