H.R. 601 — A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.

Summary

Amends the Internal Revenue Code to exempt farming vehicles from the highway motor vehicle excise tax, excepting vehicles owned by corporations with gross annual receipts exceeding $950,000, or which derive more than 50 percent of their gross receipts from non-farming activities.

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Related Legislation

H.R. 2099A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.
1977-01-19Referred to House Committee on Ways and Means.
Related
H.R. 6040A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.
1977-04-05Referred to House Committee on Ways and Means.
Related

Legislative Actions

1977-01-04
Introduced in House
1977-01-04
Introduced in House
1977-01-04
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to exempt farmers from the highway use tax on heavy trucks used for farm purposes.

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