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- H.R.1750
H.R.1750: Facilitating Farmers' Access to Resources and Machinery Act
About This Bill
- Introduced March 28, 2017
- Latest Major Action March 28, 2017
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (2 Democrats, 4 Republicans)
Bill Version
- Introduced in House - March 28, 2017
Bill Summary
Facilitating Farmers' Access to Resources and Machinery Act This bill amends the Internal Revenue Code, with respect to private activity bond financing for first-time farmers, to: (1) increase from $450,000 to $524,200 (adjusted annually for inflation) the amount of bond proceeds that may be used by a first-time farmer to acquire land for farming purposes, (2) repeal the separate dollar limitation on the use of bond proceeds for used farm...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 28, 2017 |
Referred to the House Committee on Ways and Means.
|
| March 28, 2017 |
Introduced in the House by David Young (R-Iowa) |