S 1108 · 93th Congress · Taxation

Farm Property Estate Tax Valuation Act

Introduced 1973-03-06· Sponsored by Sen. Mondale, Walter F. [D-MN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1973-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Farm Property Estate Tax Valuation Act - Provides that the value of real property used in farming by the decedent, included in the gross estate for estate tax purposes under the Internal Revenue Code of 1954, shall be the value of such property for farming purposes, if the executor agrees to the provisions of this Act.…

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