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Searching...- Bills
- H.R.89
H.R.89: Family Farm Tax Relief and Savings Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 4, 1995
- Latest Major Action Jan. 4, 1995
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (1 Democrat, 7 Republicans)
Bill Summary
Family Farm Tax Relief and Savings Act of 1995 - Amends the Internal Revenue Code with respect to nontaxable exchanges to allow the rollover of gain from the sale of a qualified farm asset into one or more individual retirement plans, to be known as asset rollover accounts. Denies an itemized deduction for contributions to such accounts and sets forth contribution limitations. Provides that rollover contributions to an asset rollover account...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Jan. 4, 1995 |
Introduced in the House by F. James Sensenbrenner (R-Wis.) |