U.S. Congress - H.R.5320 Growing Small Farms Act of 2012
H.R.5320 - Growing Small Farms Act of 2012
To amend the Internal Revenue Code of 1986 to increase the quarterly wages paid threshold for classification as an agricultural labor employer for purposes of unemployment taxes. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to increase the quarterly wages paid threshold for classification as an agricultural labor employer for purposes of unemployment taxes. as introduced.
- Short: Growing Small Farms Act of 2012 as introduced.
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Official Summary
4/27/2012--Introduced.Growing Small Farms Act of 2012 - Amends the Internal Revenue Code, with respect to the liability of employers of agricultural labor for federal unemployment tax under the Federal Unemployment Tax Act (FUTA), to increase from $20,000 or more to $40,000 or more the amoOfficial Summary
4/27/2012--Introduced.Growing Small Farms Act of 2012 - Amends the Internal Revenue Code, with respect to the liability of employers of agricultural labor for federal unemployment tax under the Federal Unemployment Tax Act (FUTA), to increase from $20,000 or more to $40,000 or more the amount of wages which such employers must pay in a calendar quarter for agricultural labor before being treated as employers for FUTA purposes. Provides for an inflation adjustment to such increased wage threshold after 2013....Read the Rest
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