H.R.3039 - Farmland Relief Act of 2007

To amend the Internal Revenue Code of 1986 to increase the time that taxpayers may use to make a tax-free exchange of like kind property. view all titles (2)

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  • Official: To amend the Internal Revenue Code of 1986 to increase the time that taxpayers may use to make a tax-free exchange of like kind property. as introduced.
  • Short: Farmland Relief Act of 2007 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/11/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 1 Pages

Official Summary

7/12/2007--Introduced.
Farmland Relief Act of 2007 - Amends the Internal Revenue Code to double the period allowed to taxpayers for identifying and completing exchanges of like kind property for purposes of the nonrecognition of gain from such exchanges.

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Recent Blog Coverage

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06/24/09
H.R.3039: SAVE Act - U.S. Congress - OpenCongress

Since last spring, there are lobbying efforts by some segment of the community to US Senators and Congressmen to support the enactment of the HR.3039 (House of Representatives) and S.3170 (US Senate) bills that will help ... -

Source: opencongress.org
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12/29/07
Ron Paul Working the Dems - The Washington Note

Under H.R. 3039, interest would be charged on the tax balance unpaid. Interest charges on this tax would be a little over $100 per month, declining to about $50 per month in the 15th year. The couple would be billed this amount by the ...

Source: The Washington Note
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08/04/07
Fact Twenty-three (August 4, 2007) – Capella University, Where ...

HR 3039, Expanding Opportunities in Higher Education Act, Sec 102 Distance Education * HR 4283, The College Access & Opportunities in Higher Education Act, Sec. 488, Distance * Education Demonstration Program * Online Education ...

Source: Capella University Sucks
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