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HR 426 105th Congress House

To amend the Internal Revenue Code of 1986 to provide that the alternative minimum tax shall not apply to installment sales of farm property.

Introduced: February 4, 1997 See on congress.gov
Taxation AccountingAgriculture and FoodBusiness income taxCommerce
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Consumer creditFarm incomeFarmsFinance and Financial SectorIncome taxMinimum tax
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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
Jan 9, 1997
Referred to the House Committee on Ways and Means.
Jan 9, 1997
Introduced in House
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 Latest action January 9, 1997

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to make the alternative minimum tax inapplicable to specified farm property installment sales.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 13
All 13 Democratic 3 Republican 10
R
Wicker, Roger F.
Mississippi · May 21, 1997
 D
Smith, Adam
Washington · May 1, 1997
 R
Calvert, Ken
California · Apr 14, 1997
 D
Clyburn, James E.
South Carolina · Apr 14, 1997
 R
Rogers, Harold
Kentucky · Feb 27, 1997
 D
Bishop, Sanford D.
Georgia · Feb 4, 1997
 R
Graham, Lindsey
South Carolina · Feb 4, 1997
 R
Aderholt, Robert B.
Alabama · Jan 9, 1997
 R
Crapo, Mike
Idaho · Jan 9, 1997
 R
Lucas, Frank D.
Oklahoma · Jan 9, 1997
 R
Moran, Jerry
Kansas · Jan 9, 1997
 R
Sessions, Pete
Texas · Jan 9, 1997
 R
Thune, John
South Dakota · Jan 9, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 426: To amend the Internal Revenue Code of 1986 to provide that the alternative minimum tax shall not apply to installment sales of farm property.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-426/
MLA
"H.R. 426: To amend the Internal Revenue Code of 1986 to provide that the alternative minimum tax shall not apply to installment sales of farm property.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-426/.
Bluebook (legal)
H.R. 426, 105th Cong. (2026), https://openamerica.io/bill/105-HR-426/.
Markdown link
[H.R. 426: To amend the Internal Revenue Code of 1986 to provide that the alternative minimum tax shall not apply to installment sales of farm property.](https://openamerica.io/bill/105-HR-426/)
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