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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

Introduced: July 12, 2007 Introduced by: Smith, Adrian Republican · Nebraska See on congress.gov
 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 Congressional Research Service

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 July 12, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1