A bill to amend the Internal Revenue Code of 1986 to allow a written agreement relating to the exclusion of certain farm rental income from net earnings from self-employment.

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Bill Number

S 369

Introduced

Feb 15, 2001

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1508)

Sponsor

Cosponsors

Topics

Agriculture and Food Commerce Earnings Farm income Farm lands Income tax Labor and Employment Leases Old age, survivors and disability insurance Personal income tax Rent Self-employed Social Welfare Tax exclusion Taxation

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Votes

Summary

Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to exclude net earnings from a lease agreement (currently, an arrangement) from income with respect to farmland.

Actions

Feb 15, 2001

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1508)
Feb 15, 2001

Introduced in Senate

Amendments

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