HR 12374 · 93th Congress · Livestock
A bill to amend the Internal Revenue Code of 1954 to treat the sale of certain livestock sold as a result of flood as an involuntary conversion eligible for replacement or nonrecognition of gain treatment.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1974-01-29)
Plain Language Summary
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Provides that the sale of livestock sold as a result of flood shall be treated as an involuntary conversion eligible for replacement or nonrecognition of gain treatment under the Internal Revenue Code.…
Summarized by Claude AI · Non-partisan · For informational purposes only