3596

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Amendment Number
3596
Purpose
To amend the Internal Revenue Code of 1986 to establish a pilot program under which agricultural producers may establish and contribute to tax-exempt farm savings accounts in lieu of obtaining federally subsidized crop insurance or noninsured crop assistance, to provide for contributions to such accounts by the Secretary of Agriculture, to specify the situations in which amounts may be paid to producers from such accounts, and to limit the total amount of such distributions to a producer during a taxable year, and for other purposes.
Congress
110
Type
SAMDT
Latest Action Date
Dec 12, 2007
Latest Action Text
Amendment SA 3596 not agreed to in Senate by Yea-Nay Vote. 35 - 58. Record Vote Number: 423.
Proposed Date
Dec 10, 2007
Submitted Date
Nov 8, 2007
Chamber
Senate
Update Date
Nov 15, 2019
Amendment 3596 — Informed