Titles: H.R.1296 — 98th Congress (1983-1984)All Information (Except Text)

Short Titles

Short Titles as Enacted

Payment-in-Kind Tax Treatment Act of 1983

Short Titles - House of Representatives

Short Titles as Passed House

Payment-in-Kind Tax Treatment Act of 1983

Short Titles as Reported to House

Payment-in-Kind Tax Treatment Act of 1983

Short Titles - Senate

Short Titles as Passed Senate

Agricultural Land Division Tax Treatment Act of 1983

Official Titles

Official Title as Enacted

An act relating to the treatment for income and estate tax purposes of commodities received under 1983 payment-in-kind programs, and for other purposes.

Official Titles - House of Representatives

Official Title as Introduced

A bill to amend the Internal Revenue Code of 1954 to allow any taxpayer to elect to treat for income tax purposes any crop received under a Federal program for removing land from agricultural production as produced by the taxpayer, to allow any taxpayer to elect to defer income on any cancellation under such a program of any price support loan, and to provide that participation in such a program shall not disqualify the taxpayer for the special use valuation of farm real property under section 2032A of such Code.