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S 251 105th Congress Senate Taxation Agriculture and Food Business income tax Commerce Farm income Farmers Income tax Tax administration

A bill to amend the Internal Revenue Code of 1986 to allow farmers to income average over 2 years.

Introduced: January 30, 1997 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 30, 1997
Read twice and referred to the Committee on Finance.
Jan 30, 1997
Sponsor introductory remarks on measure. (CR S890)
Jan 30, 1997
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to temporarily permit two-year averaging of farm income.

What's happening now January 30, 1997

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1