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 purposes.
Introduced: March 10, 1993
See on congress.gov
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
Plain-English summary
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
Subcommittee on Energy and Agricultural Taxation. Hearings held. Hearings printed: S.Hrg. 103-1025.
Committees of jurisdiction
2
Cosponsors
1