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- H.R.1800
H.R.1800: To amend the Internal Revenue Code of 1986 to exclude gain or loss from the sale of livestock from the computation of capital gain net income for purposes of the earned income credit.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced June 5, 1997
- Latest Major Action June 5, 1997
Bill Sponsor
Bill Cosponsors
18 (7 Democrats, 12 Republicans)
Bill Summary
Amends the Internal Revenue Code to exclude gain or loss from the sale of livestock (as defined in existing provisions relating to property used in the trade or business and involuntary conversions) from the definition of "disqualified income" for purposes of the earned income credit. Applies the amendment to taxable years beginning after December 31, 1995.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 5, 1997 |
Introduced in the House by Sherwood L. Boehlert (R-N.Y.) |