HR 719 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to extend treatment of certain rents under section 2032A to all qualified heirs.

Introduced 1991-01-30· 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.(1991-01-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code with respect to the valuation of farm land for estate tax purposes, permitting a qualified heir to enter into a cash lease of farm or other real property with a family member and still have the property valued under use value principles rather than according to its highest and best use.…

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