HR 441 · 104th 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 1995-01-09· 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.(1995-01-09)

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 by a taxpayer who has attained the age of 55 to a beginning farmer.…

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

Cosponsors (8)

2 Democrats6 Republicans
Rep. Cooley, Wes [R-OR-2]OR
Rep. Leach, James A. [R-IA-1]IA
Rep. English, Phil [R-PA-21]PA
Rep. Clayton, Eva M. [D-NC-1]NC
Rep. Weller, Jerry [R-IL-11]IL
Rep. Ehlers, Vernon J. [R-MI-3]MI
Rep. Evans, Lane [D-IL-17]IL
Rep. Wicker, Roger F. [R-MS-1]MS