HR 2776 · 100th Congress · Taxation

A bill to provide tax deductions to those who provide contributions of agricultural property for victims of natural disasters.

Introduced 1987-06-24· Sponsored by Rep. Lightfoot, Jim [R-IA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1987-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax deduction for charitable contributions of agricultural products to assist victims of a drought, flood, or other natural disaster. Sets the amount of the deduction at the wholesale market value of the donated product.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

12 Democrats8 Republicans