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- H.R.4644
H.R.4644: To permit farmers the option of declaring the taxable year in which production flexibility contract payments and crop insurance payments are included in gross income.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Sept. 25, 1998
- Latest Major Action Sept. 25, 1998
Bill Sponsor
Bill Cosponsor
Bill Summary
Allows farmers to include 1999 production flexibility contract payments as income for 1998 or 1999. Amends the Internal Revenue Code to make Federal Crop Insurance Act payments eligible for one-year income deferral.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Sept. 25, 1998 |
Introduced in the House by Nick Smith (R-Mich.) |