HR 535 · 99th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide an exemption for agricultural vehicles from the requirements of section 280F of such Code (relating to limitation on certain property used for personal purposes).

Introduced 1985-01-21· Sponsored by Rep. Franklin, William W. [R-MS-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1985-01-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt agricultural vehicles from the limitation on the investment tax credit and depreciation for property used for personal purposes.…

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

Cosponsors (15)

4 Democrats11 Republicans