HR 5301 · 99th Congress · Taxation

A bill to provide tax deductions to those who provide contributions of agricultural property for victims of natural disasters.

Introduced 1986-07-31· Sponsored by Rep. Campbell, Carroll A., Jr. [R-SC-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1986-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a charitable contribution deduction to farmers who donate agricultural products to assist victims of a drought, flood, or other natural disaster. Provides that the amount of the deduction shall equal the wholesale market value of such agricultural product.…

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

Cosponsors (20)

11 Democrats9 Republicans