Summary: S.200 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for S.200. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (01/14/1991)

Amends the Internal Revenue Code to exclude from broker reporting requirements property or services which involve any metal or coin other than any gold, silver, platinum, or palladium coin or bar which is the proper subject of a regulated futures contract.

Provides that a person shall not be treated as a broker with respect to activities consisting of managing a farm on behalf of another person.

Provides that except for stocks, bonds, and other intangible personal property, broker reporting requirements shall apply only to transactions the gross proceeds of which are more than $5,000.