2101

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Amendment Number
2101
Purpose
To allow a 30 percent capital gains exclusion for the sale of farm property by an individual actively engaged in the trade or business of farming to include deferred foreign income of United States shareholder of controlled foreign corporations in the computation of alternative minimum taxable income.
Congress
99
Type
SAMDT
Latest Action Date
Jun 18, 1986
Latest Action Text
Motion to table SP 2101 agreed to in Senate by Yea-Nay Vote. 63-32. Record Vote No: 139.
Proposed Date
Jun 18, 1986
Submitted Date
Jun 18, 1986
Chamber
Senate
Update Date
Jun 30, 2021
Amendment 2101 — Informed