US HB317 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 19 2011 - 25% progression, died in committee
Action: 2011-01-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fresh Fruit and Vegetable Grower Tax Incentive Act of 2011- Amends the Internal Revenue Code to allow farmers whose gross receipts attributable to fruit and vegetable farming were not more than $500,000 for the previous taxable year a business-related tax credit equal to the lesser of $10,000 or the taxable income attributable to fruit and vegetable farming. Defines "fruit and vegetable farming" as the farming and sale of fruits, vegetables, or both in fresh form generally considered as perishable, but not including any grains or any perishable fruits and vegetables which have been manufactured into articles of food of a different kind or character.

Tracking Information

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Title

Fresh Fruit and Vegetable Grower Tax Incentive Act of 2011

Sponsors


History

DateChamberAction
2011-01-19HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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