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- S.493
S.493: Dairy Augmentation for Increased Retail in Yogurt products (DAIRY) Act
About This Bill
- Introduced March 7, 2013
- Latest Major Action March 7, 2013
Bill Sponsor
Bill Cosponsor
Bill Summary
Dairy Augmentation for Increased Retail in Yogurt products (DAIRY) Act - Amends the Internal Revenue Code to: (1) establish tax-exempt dairy farm savings accounts to allow taxpayers engaged in the trade or business of dairy farming to use distributions from such accounts to pay business expenses; (2) allow a deduction from gross income for cash contributions to such accounts; and (3) set forth tax rules relating to, and penalties for, account...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 7, 2013 |
Read twice and referred to the Committee on Finance.
|
March 7, 2013 |
Introduced in the Senate by Charles E. Schumer (D-N.Y.) |