HR 3039
110th Congress
House
Taxation
Agriculture and Food
Capital gains tax
Commerce
Farm lands
Income tax
Land transfers
Tax exclusion
Farmland Relief Act of 2007
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2007
Referred to the House Committee on Ways and Means.
Jul 12, 2007
Introduced in House
Plain-English summary
Farmland Relief Act of 2007 - Amends the Internal Revenue Code to double the period allowed to taxpayers for identifying and completing exchanges of like kind property for purposes of the nonrecognition of gain from such exchanges.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1