legislation: 112-hr-6276
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 112-hr-6276 | 112 | hr | 6276 | Commercial Fishing, Farm, and Ranch Risk Management Act | Taxation | 2012-08-02 | 2012-08-02 | Referred to the House Committee on Ways and Means. | House | Rep. Landry, Jeffrey M. [R-LA-3] | LA | R | L000574 | 0 | Commercial Fishing, Farm, and Ranch Risk Management Act - Amends the Internal Revenue Code to establish a Commercial Fishing, Farm, and Ranch Risk Management Account (CFFR Account) to provide farmers and commercial fisherman with additional capital for investment and to protect against operating losses. Allows a tax deduction for cash contributions to a CFFR Account, limited to 20% of the taxpayer's taxable income attributable to an active farm or commercial fishing business. Imposes a 10% additional tax on amounts in a CFFR Account which are not distributed within 10 years after the establishment of such Account. | 2019-11-15T21:47:03Z |