legislation: 95-hr-13940

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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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
95-hr-13940 95 hr 13940 A bill to amend the Internal Revenue Code of 1954 to provide a credit against income tax to owners of certain farmland who, in a covenant binding themselves and all future owners of their land, restrict the use of such land to use as farmland. Taxation 1978-08-17 1978-08-17 Referred to House Committee on Ways and Means. House Rep. Walker, Robert S. [R-PA-16] PA R W000068 0 Amends the Internal Revenue Code to allow a tax credit for owners of farmland who agree in a covenant which is binding upon them and all future owners not to use such farmland for any purpose other than farming. Limits such credit to five percent of the fair market value of the farmland on the date the covenant is recorded. 2024-08-01T20:06:56Z  

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