S 3996 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to allow section 1031 treatment for exchanges involving certain mutual ditch, reservoir, or irrigation company stock.

Introduced 2006-09-29· Sponsored by Sen. Salazar, Ken [D-CO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2006-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow tax-free exchanges of shares in certain mutual ditch, reservoir, or irrigation companies.…

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

Cosponsors (1)

1 Republican