There is one summary for S.1157. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/09/1997)

Disapproves the President's cancellations (line item veto) of provisions in the Taxpayer Relief Act of 1997 that provide for: (1) tax exemptions for active financing income of certain financial service providers; and (2) nonrecognition of gain on sales of stock of qualified farm product refiners or processors to eligible farmers' cooperatives.