H.R.5990 - Farm Tax Parity Act

To amend the Internal Revenue Code of 1986 to exclude certain farm rental income from net earnings from self-employment if the taxpayer enters into a lease agreement relating to such income. view all titles (2)

All Bill Titles

  • Short: Farm Tax Parity Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to exclude certain farm rental income from net earnings from self-employment if the taxpayer enters into a lease agreement relating to such income. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
06/21/12
 
 
 
 
 
 
 

Sponsor

Representative

Aaron Schock

R-IL

View Co-Sponsors (5)

Official Summary

Farm Tax Parity Act - Amends the Internal Revenue Code, with respect to the tax treatment of earnings from self-employment, to allow an exclusion from such earnings for farm rental income for which the taxpayer has entered into a lease agreement.




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