Skip to main content
HR 6167 114th Congress House

FRAME Act of 2016

Official title: To amend the Internal Revenue Code of 1986 to authorize agricultural producers to establish and contribute to tax-exempt farm risk management accounts.

Introduced: September 26, 2016 Introduced by: Crawford, Eric A. "Rick" Republican · Arkansas See on congress.gov
Taxation Agricultural insuranceAgricultural prices, subsidies, creditBank accounts, deposits, capitalBusiness investment and capital
More subjectsShow fewer subjects
Income tax creditsIncome tax deductions
Sign in to write a letter Sign in to watch
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Sep 26, 2016
Referred to the House Committee on Ways and Means.
Sep 26, 2016
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 26, 2016

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Farm Risk Abatement and Mitigation Election Act of 2016 or the FRAME Act of 2016

This bill amends the Internal Revenue Code to: (1) establish tax-exempt farm risk management accounts (FRAME Accounts) and allow taxpayers actively engaged in the business of farming or ranching to use distributions from such accounts to protect the solvency of the farm to which the FRAME Account relates and to procure revenue or crop insurance; (2) allow a deduction from gross income for cash contributions to such accounts; (3) specify minimum levels of contributions to, and maximum levels of distributions from, such accounts; (4) set forth tax rules relating to account distributions, excess contributions, and prohibited transactions; and (5) allow a variable business-related tax credit for contributions made to a FRAME Account in the first nine years after such account is established.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Republican 5
Abraham, Ralph
· Sep 26, 2016
 R
Cramer, Kevin
North Dakota · Sep 26, 2016
 R
Hill, J. French
Arkansas · Sep 26, 2016
 R
Newhouse, Dan
Washington · Sep 26, 2016
 R
Thompson, Glenn
Pennsylvania · Sep 26, 2016
 R
Westerman, Bruce
Arkansas · Sep 26, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6167: FRAME Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-6167/
MLA
"H.R. 6167: FRAME Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-6167/.
Bluebook (legal)
H.R. 6167, 114th Cong. (2026), https://openamerica.io/bill/114-HR-6167/.
Markdown link
[H.R. 6167: FRAME Act of 2016](https://openamerica.io/bill/114-HR-6167/)
Report a problem