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HR 441 104th Congress House Taxation Agriculture and Food Capital gains tax Farm lands Income tax Land transfers Social Welfare Tax exclusion

To amend the Internal Revenue Code of 1986 to provide a one-time exclusion of gain from the sale of farmland to a beginning farmer.

Introduced: January 9, 1995 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 1995
Referred to the House Committee on Ways and Means.
Jan 9, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to provide a one-time exclusion of gain from the sale of farmland by a taxpayer who has attained the age of 55 to a beginning farmer.

What's happening now January 9, 1995

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1