HR 4232 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that cost-share payments not used primarily to provide a significant increase in agricultural productivity shall be excluded from gross income.

Introduced 1981-07-22· Sponsored by Rep. Evans, Cooper [R-IA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that cost- sharing payments under specified Federal environmental programs shall be excludable from gross income provided that such payments are not used primarily to provide a significant increase in agricultural productivity.…

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