HR 2361 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow non-exempt farmer cooperatives to elect patronage-sourced treatment for certain gains and losses.

Introduced 1991-05-15· Sponsored by Sen. Dorgan, Byron L. [D-ND-None]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1991-05-15)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow farmers' cooperatives to elect to treat as ordinary income or loss certain capital gains and losses from the disposition of assets used in conducting business with or for patrons.…

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

Cosponsors (20)

13 Democrats7 Republicans
Rep. Grandy, Fred [R-IA-6]IA
Rep. Coleman, E. Thomas [R-MO-6]MO
Rep. Penny, Timothy J. [D-MN-1]MN
Rep. Johnson, Tim [D-SD-At Large]SD
Rep. Bereuter, Doug [R-NE-1]NE
Rep. Stenholm, Charles W. [D-TX-17]TX
Rep. Emerson, Bill [R-MO-8]MO
Rep. Slattery, Jim [D-KS-2]KS
Rep. Evans, Lane [D-IL-17]IL
Rep. Weber, Vin [R-MN-2]MN
Rep. Jontz, Jim [D-IN-5]IN
Rep. Tallon, Robert M. (Robin) [D-SC-6]SC
Rep. Campbell, Ben Nighthorse [D-CO-3]CO
Rep. Volkmer, Harold L. [D-MO-9]MO
Rep. Hatcher, Charles [D-GA-2]GA
Rep. Combest, Larry [R-TX-19]TX
Rep. Chapman, Jim [D-TX-1]TX
Rep. Espy, Mike [D-MS-2]MS
Rep. Wilson, Charles [D-TX-2]TX
Rep. Gunderson, Steve [R-WI-3]WI