US HB5990 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on June 21 2012 - 25% progression, died in committee
Action: 2012-06-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 21 2012 - 25% progression, died in committee
Action: 2012-06-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Farm Tax Parity Act - Amends the Internal Revenue Code, with respect to the tax treatment of earnings from self-employment, to allow an exclusion from such earnings for farm rental income for which the taxpayer has entered into a lease agreement.
Title
Farm Tax Parity Act
Sponsors
Rep. Aaron Schock [R-IL] | Rep. Brett Guthrie [R-KY] | Rep. Timothy Johnson [R-IL] | Rep. Harold Rogers [R-KY] |
Rep. Robert Schilling [R-IL] | Rep. Kevin Yoder [R-KS] |
History
Date | Chamber | Action |
---|---|---|
2012-06-21 | House | Referred to the House Committee on Ways and Means. |
Subjects
Contracts and agency
Employment taxes
Farmland
Income tax exclusion
Self-employed
Taxation
Wages and earnings
Employment taxes
Farmland
Income tax exclusion
Self-employed
Taxation
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/5990/all-info |
Text | https://www.congress.gov/112/bills/hr5990/BILLS-112hr5990ih.pdf |