HR 2659 · 110th Congress · Taxation

Conservation Reserve Program Tax Fairness Act of 2007

Introduced 2007-06-11· Sponsored by Rep. Pomeroy, Earl [D-ND-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-06-11)

Plain Language Summary

[AI summary unavailable — showing source text] Conservation Reserve Program Tax Fairness Act of 2007 - Amends the Internal Revenue Code and the Social Security Act to treat payments under the Conservation Acreage Reserve Program as rentals from real estate and thus not self employment income subject to employment tax. Transfers from the general fund of the Treasury to specified social security trust funds amounts necessary to cover any reductions in trust fund revenues resulting from this Act.…

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

Cosponsors (15)

8 Democrats7 Republicans