HR 3192 · 97th 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 electricity, natural gas, and LPG used on a farm for farming purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1981-04-09)
Plain Language Summary
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Amends the Internal Revenue Code to allow an income tax deduction equal to 130 percent of the amount actually paid or incurred for electricity, natural gas and liquefied petroleum gas used on a farm for farming purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only