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    <updateDate>2023-01-13T04:49:43Z</updateDate>
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    <introducedDate>2005-11-03</introducedDate>
    <congress>109</congress>
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            <date>2005-11-03T14:55:45Z</date>
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      <item>
        <title>Farmers Tax Deferral Act</title>
        <congress>109</congress>
        <number>5892</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2006-07-26</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2005-11-03</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <fullName>Rep. Aderholt, Robert B. [R-AL-4]</fullName>
        <firstName>ROBERT</firstName>
        <lastName>ADERHOLT</lastName>
        <party>R</party>
        <state>AL</state>
        <middleName>B.</middleName>
        <district>4</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
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          <name>Accounting</name>
        </item>
        <item>
          <name>Agriculture and Food</name>
        </item>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Consumer credit</name>
        </item>
        <item>
          <name>Farms</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Income tax</name>
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        <item>
          <name>Land transfers</name>
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        <item>
          <name>Public Lands and Natural Resources</name>
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        <item>
          <name>Real property</name>
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        <item>
          <name>Tax administration</name>
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          <name>Tax deferral</name>
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        <name>Taxation</name>
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        <actionDate>2005-11-03</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2005-12-08T20:26:15Z</updateDate>
        <text><![CDATA[ <p>Farmers Tax Deferral Act - Amends the Internal Revenue Code to: (1) treat the exchange of qualified agricultural property as a like-kind exchange for purposes of allowing the nonrecognition or deferral of gain from such exchange; and (2) allow installment sales treatment of such property. Defines &quot;qualified agricultural property&quot; as any single purpose agricultural or horticultural property and any equipment or fixtures related to such property. </p>]]></text>
      </summary>
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    <title>Farmers Tax Deferral Act</title>
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        <titleType>Display Title</titleType>
        <title>Farmers Tax Deferral Act</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide special rules for the exchange or installment sale of certain agricultural property.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
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        <title>Farmers Tax Deferral Act</title>
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        <type>Introduced in House</type>
        <date>2005-11-03T05:00:00Z</date>
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    <latestAction>
      <actionDate>2005-11-03</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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