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Farm and Ranch Risk Management Act

Introduced: March 3, 1999 See on congress.gov
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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
Mar 3, 1999
Referred to the House Committee on Ways and Means.
Mar 3, 1999
Introduced in House
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 Plain-English summary Congressional Research Service

Farm and Ranch Risk Management Act - Amends the Internal Revenue Code to allow an individual engaged in an eligible farming business to deduct a limited amount from gross income for amounts paid into an interest-bearing Farm and Ranch Risk Management (FARRM) Account, created for the taxpayer's exclusive benefit. Requires withdrawal of contributions within five years, upon which they are taxable as ordinary income in the year of withdrawal. Prescribes penalties on amounts not distributed within five years.

What's happening now March 3, 1999

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Democratic 5 Republican 7
D
Bishop, Sanford D.
Georgia · Jun 8, 1999
 R
Sessions, Pete
Texas · May 12, 1999
 D
Scott, Robert C. "Bobby"
Virginia · Mar 25, 1999
 D
Thompson, Bennie G.
Mississippi · Mar 25, 1999
 R
Rogers, Harold
Kentucky · Mar 17, 1999
 D
Thompson, Mike
California · Mar 17, 1999
 R
Wicker, Roger F.
Mississippi · Mar 17, 1999
 R
Aderholt, Robert B.
Alabama · Mar 3, 1999
 R
Calvert, Ken
California · Mar 3, 1999
 D
Clyburn, James E.
South Carolina · Mar 3, 1999
 R
Moran, Jerry
Kansas · Mar 3, 1999
 R
Thune, John
South Dakota · Mar 3, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 957: Farm and Ranch Risk Management Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-957/
MLA
"H.R. 957: Farm and Ranch Risk Management Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-957/.
Bluebook (legal)
H.R. 957, 106th Cong. (2026), https://openamerica.io/bill/106-HR-957/.
Markdown link
[H.R. 957: Farm and Ranch Risk Management Act](https://openamerica.io/bill/106-HR-957/)
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