HR 7847 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow a deduction equal to 130 percent of the amount actually paid or incurred for natural gas used on a farm for farming purposes.

Introduced 1980-07-28· Sponsored by Rep. Hance, Kent R. [D-TX-19]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax deduction equal to 130 percent of the cost of natural gas used on a farm for farming purposes.…

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