H.R. 5199 — A bill to amend the Internal Revenue Code of 1954 to clarify that the farm syndicate rules of section 278(b) apply in the case of inedible fruits and nuts.

Summary

Amends the Internal Revenue Code to provide that the farm syndicate rules which require capitalization of certain expenses apply in the case of inedible fruits and nuts.

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Legislative Actions

1984-03-20
Introduced in House
1984-03-20
Introduced in House
1984-03-20
Referred to House Committee on Ways and Means.
1984-03-22
Referred to Subcommittee on Select Revenue Measures.
1984-10-03
Subcommittee Hearings Held.

A bill to amend the Internal Revenue Code of 1954 to clarify that the farm syndicate rules of section 278(b) apply in the case of inedible fruits and nuts.

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