HR 5014 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide a one-time exclusion of gain from the sale of farmland to a beginning farmer.

Introduced 1994-08-21· Sponsored by Rep. Lightfoot, Jim [R-IA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-08-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide a one-time exclusion of gain from the sale of farmland to a beginning farmer.…

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

Cosponsors (4)

3 Democrats1 Republican