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HR 1261 105th Congress House Taxation Agriculture and Food Commerce Earnings Farm income Income tax Labor and Employment Leases Old age, survivors and disability insurance Personal income tax Rent Self-employed Social Welfare Tax exclusion

Farm Independence Act of 1997

Introduced: April 9, 1997 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 9, 1997
Introduced in House
Apr 9, 1997
Referred to the House Committee on Ways and Means.
 Plain-English summary Congressional Research Service

Farm Independence Act of 1997 - Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to exclude net earnings from a lease agreement (currently, an arrangement) from income with respect to farmland.

What's happening now April 9, 1997

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1