HR 9226 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the amounts of certain loans canceled under the Consolidated Farm and Rural Development Act as the result of disaster losses.

Introduced 1975-08-01· Sponsored by Rep. Hefner, W. G. (Bill) [D-NC-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-08-01)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code the amounts of farm loans cancelled under the Consolidated Farm and Rural Development Act as the result of disaster losses.…

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