HR 2336 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the benefits of the special estate tax valuation of farmland where the land continues to be farmed for an extended period.

Introduced 1989-05-11· Sponsored by Rep. Schulze, Richard T. [R-PA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-05-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code with respect to the valuation of farmland for estate tax purposes to eliminate the limit on the reduction in fair market value of certain farmland if such land continues to be farmed for up to 30 years.…

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

Cosponsors (20)

7 Democrats13 Republicans
Rep. Martin, Lynn M. [R-IL-16]IL
Rep. Lagomarsino, Robert J. [R-CA-19]CA
Rep. Lukens, Donald E. [R-OH-8]OH
Rep. Stangeland, Arlan [R-MN-7]MN
Rep. Boehlert, Sherwood [R-NY-25]NY
Rep. Hatcher, Charles [D-GA-2]GA
Rep. Smith, Peter [R-VT-At Large]VT
Rep. Kolter, Joseph P. [D-PA-4]PA
Rep. Bentley, Helen Delich [R-MD-2]MD
Rep. Lipinski, William O. [D-IL-5]IL
Rep. Dymally, Mervyn M. [D-CA-31]CA
Rep. Smith, Denny [R-OR-5]OR
Rep. Parris, Stanford E. (Stan) [R-VA-8]VA
Rep. Murtha, John P. [D-PA-12]PA
Rep. Walker, Robert S. [R-PA-16]PA
Rep. Penny, Timothy J. [D-MN-1]MN
Rep. Towns, Edolphus [D-NY-11]NY
Rep. Dannemeyer, William E. [R-CA-39]CA
Rep. Martin, David O'B. [R-NY-26]NY
Rep. Thomas, William M. [R-CA-20]CA