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- H.R.1094
H.R.1094: Farmers' Value-Added Agricultural Investment Tax Credit Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 19, 2001
- Latest Major Action March 19, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
25 (8 Democrats, 18 Republicans)
Bill Summary
Farmers' Value-Added Agricultural Investment Tax Credit Act - Amends the Internal Revenue Code to provide that for purposes of the general business credit, for either an eligible farmer or a farmer-owned entity, the value-added agricultural property investment credit for any taxable year is 50 percent of the basis of any qualified value-added agricultural property placed in service during the taxable year. Provides that, in the case of a...
(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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March 19, 2001 |
Introduced in the House by John Thune (R-S.D.) |