Summary: H.R.3427 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for H.R.3427. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/05/1981)

Amends the Internal Revenue Code to provide that if an estate has met the ownership and material participation requirements for the special estate tax valuation for farms and other real property based on use and the property is involuntarily converted within five years before decedent's death, such requirements shall be treated as fulfilled as to any qualified replacement property.