3.0.0 5892 2023-01-12T17:52:35Z 2023-01-12T17:52:35Z House H HR 2006-07-26 109 hswm00 Ways and Means Committee House Standing Referred to 2006-07-26T14:02:35Z 109 4221 HR 2005-11-03 Referred to the House Committee on Ways and Means. Related bill CRS 2006-07-26 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2006-07-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-07-26 Introduced in House IntroReferral 1000 9 Library of Congress A000055 Rep. Aderholt, Robert B. [R-AL-4] ROBERT ADERHOLT R AL B. 4 N O000166 Rep. Otter, C. L. (Butch) [R-ID-1] C. L. OTTER R ID 1 2006-09-28 False R000571 Rep. Rehberg, Dennis R. [R-MT-At Large] DENNIS REHBERG R MT R. 0 2006-09-28 False Taxation Accounting Agriculture and Food Capital gains tax Commerce Consumer credit Farm lands Farms Finance and Financial Sector Income tax Land transfers Losses Public Lands and Natural Resources Real property Social Welfare Tax administration Tax deferral Tax exclusion Taxation

00 2006-07-26 Introduced in House 2006-08-28T12:38:59Z Farmers Tax Deferral Act - Amends the Internal Revenue Code to: (1) allow individuals age 55 or older to exclude from gross income the gain or loss from an exchange of qualified agricultural property for U.S. real property; (2) treat such an exchange as a like-kind exchange for purposes of recognizing gain or loss; and (3) allow installment sales treatment of qualified agricultural property. Defines "qualified agricultural property" as any single purpose agricultural or horticultural structure placed in service more than 20 years before an exchange and any real property, equipment, or fixtures related in use to such structure.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2006-07-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr5892ih/xml/BILLS-109hr5892ih.xml 2006-07-26 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.