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HR 844 104th Congress House

Farmer Retirement Security Act

Official title: To amend the Internal Revenue Code of 1986 to permit farmers to rollover into an individual retirement account the proceeds from the sale of a farm.

Introduced: March 1, 1995 See on congress.gov
Taxation Agriculture and FoodCapital gains taxExcise taxFarmers
More subjectsShow fewer subjects
FarmsIncome taxIndividual retirement accountsLabor and EmploymentTax deductionsTax exclusionTax penaltiesTax-deferred compensation plans
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) 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
Feb 7, 1995
Referred to the House Committee on Ways and Means.
Feb 7, 1995
Introduced in House
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 Latest action February 7, 1995

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Farmer Retirement Security Act - Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of qualified farm property to the extent that the proceeds are paid into an individual retirement account. Establishes limitations on such rollover amounts per individual and per family. Denies an itemized deduction for such rollover amounts and exempts such amounts from limitations on contributions to individual retirement accounts.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1
FROST, MARTIN
· Mar 1, 1995
 D
Durbin, Richard J.
Illinois · Feb 13, 1995
LIPINSKI, WILLIAM
· Feb 13, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 844: Farmer Retirement Security Act. 104th Congress. Open America. https://openamerica.io/bill/104-HR-844/
MLA
"H.R. 844: Farmer Retirement Security Act." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-844/.
Bluebook (legal)
H.R. 844, 104th Cong. (2026), https://openamerica.io/bill/104-HR-844/.
Markdown link
[H.R. 844: Farmer Retirement Security Act](https://openamerica.io/bill/104-HR-844/)
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