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Goodling Bill Would Let Farmers Spread Compensation Over 10 Years

SEP. 19, 2000

H7870

DATED SEP. 19, 2000
DOCUMENT ATTRIBUTES
  • Authors
    Goodling, Rep. William F.
  • Institutional Authors
    House of Representatives
  • Cross-Reference
    For text of H.R. 5211, see Doc 2000-25305 (2 original pages).
  • Subject Area/Tax Topics
  • Index Terms
    legislation, tax
    agriculture
    gain or loss
    gross income
  • Industry Groups
    Agriculture
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2000-25157 (1 original page)
  • Tax Analysts Electronic Citation
    2000 TNT 195-35
Citations: H7870

 

=============== SUMMARY ===============

 

Rep. William F. Goodling, R-Pa., has introduced H.R. 5211, which would allow taxpayers to ratably include as income or gain over a 10-year period any compensation payments received because of the plum pox virus emergency declaration by the Secretary of Agriculture. The payments are compensation for the quarantine and destruction of commercial fruit trees afflicted by the virus.
DOCUMENT ATTRIBUTES
  • Authors
    Goodling, Rep. William F.
  • Institutional Authors
    House of Representatives
  • Cross-Reference
    For text of H.R. 5211, see Doc 2000-25305 (2 original pages).
  • Subject Area/Tax Topics
  • Index Terms
    legislation, tax
    agriculture
    gain or loss
    gross income
  • Industry Groups
    Agriculture
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2000-25157 (1 original page)
  • Tax Analysts Electronic Citation
    2000 TNT 195-35
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