[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4399 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 4399

To amend the Internal Revenue Code of 1986 to make permanent the income 
                      averaging rules for farmers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 4, 1998

 Mr. Smith of Michigan (for himself, Mr. Solomon, Mr. Nethercutt, Mrs. 
 Emerson, Mr. Thornberry, Mr. Christensen, Mr. Nussle, Mr. Ewing, and 
Mr. Bob Schaffer) introduced the following bill; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to make permanent the income 
                      averaging rules for farmers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCOME AVERAGING FOR FARMERS MADE PERMANENT.

    Subsection (c) of section 933 of the Taxpayer Relief Act of 1997 is 
amended by striking ``, and before January 1, 2001''.
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