HR 1464 · 106th Congress · Taxation

Income Averaging Equity Act

Introduced 1999-04-15· Sponsored by Rep. Ryun, Jim [R-KS-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-04-15)

Plain Language Summary

[AI summary unavailable — showing source text] Income Averaging Equity Act - Amends the Internal Revenue Code to revise the current income-averaging option for farm income. Allows a taxpayer to elect to increase or decrease taxable income for the taxable year and the three previous taxable years by moving elected farm income from any of such taxable years to any other of such years.…

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

Cosponsors (11)

11 Republicans
Rep. Tiahrt, Todd [R-KS-4]KS
Rep. Cubin, Barbara [R-WY-At Large]WY
Rep. Burr, Richard [R-NC-5]NC
Rep. Schaffer, Bob [R-CO-4]CO
Rep. Bliley, Tom [R-VA-7]VA
Rep. Burton, Dan [R-IN-6]IN
Rep. Watts, J. C., Jr. [R-OK-4]OK
Rep. Hayes, Robin [R-NC-8]NC
Rep. Green, Mark [R-WI-8]WI
Rep. Sensenbrenner, F. James, Jr. [R-WI-9]WI
Rep. Blunt, Roy [R-MO-7]MO