HR 2251
108th Congress
House
Taxation
Agriculture and Food
Estate tax
Families
Family farms
Farm tenancy
Finance and Financial Sector
Limitation of actions
Tax credits
Tax refunds
Valuation
To amend the Internal Revenue Code of 1986 to treat as a qualified use for purposes of section 2032A land rented on a net cash basis to any member of the decedent's family.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2003
Referred to the House Committee on Ways and Means.
May 22, 2003
Introduced in House
Plain-English summary
Amends the Internal Revenue Code, with respect to estate and gift tax provisions, to treat land rented on a net cash basis to a member of a decedent's family as a qualified use for alternative farm valuation purposes.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1