Amends the Internal Revenue Code to allow an income tax credit for farmers' or ranchers' charitable contributions of certain agricultural products. Sets the amount of the credit at ten percent of the taxpayer's choice of either the wholesale market price or the most recent sale price of the product. Describes products eligible for the credit.
Disallows the credit with respect to amounts permitted as tax deductions.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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