HR 2526 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit installment payments of the tax attributable to certain sales of farms and other businesses by individuals.

Introduced 1989-05-31· Sponsored by Rep. Tallon, Robert M. (Robin) [D-SC-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-05-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an individual to pay the tax attributable to a qualified business sale in seven equal annual installments.…

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