HR 4634 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide that a taxpayer may elect to include in income crop insurance proceeds and disaster payments in the year of the disaster or in the following year, to provide for a technical correction regarding indexation of the threshold applicable to the luxury automobile excise tax, and for other purposes.

Introduced 1994-06-23· Sponsored by Rep. Minge, David [D-MN-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a taxpayer to elect to include in income crop insurance proceeds and disaster payments in the year of destruction or in the following year. Revises the method of determining the inflation adjustment applicable to the luxury automobile excise tax.…

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

Cosponsors (20)

11 Democrats9 Republicans
Rep. Grandy, Fred [R-IA-5]IA
Rep. Roberts, Pat [R-KS-1]KS
Rep. Hoagland, Peter [D-NE-2]NE
Rep. Peterson, Collin C. [D-MN-7]MN
Rep. Obey, David R. [D-WI-7]WI
Rep. Costello, Jerry F. [D-IL-12]IL
Rep. Skelton, Ike [D-MO-4]MO
Rep. Emerson, Bill [R-MO-8]MO
Rep. Danner, Pat [D-MO-6]MO
Rep. Leach, James A. [R-IA-1]IA
Rep. Glickman, Dan [D-KS-4]KS
Rep. Bereuter, Doug [R-NE-1]NE
Rep. Barrett, Bill [R-NE-3]NE
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Slattery, Jim [D-KS-2]KS
Rep. Manzullo, Donald A. [R-IL-16]IL
Rep. Ewing, Thomas W. [R-IL-15]IL
Rep. Evans, Lane [D-IL-17]IL
Rep. Lightfoot, Jim [R-IA-3]IA
Rep. Long, Jill L. [D-IN-4]IN