2156

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Amendment Number
2156
Purpose
To allow a 30 percent capital gains exclusion for the sale of property by an individual actively engaged in the trade or business of farming or woodlot operations; and to limit net operating loss carrybacks.
Congress
99
Type
SAMDT
Latest Action Date
Jun 24, 1986
Latest Action Text
Motion to table the motion to waive the Budget Act with respect to the Melcher amendment SP 2156 agreed to in Senate by Yea-Nay Vote. 54-39. Record Vote No: 146.
Proposed Date
Jun 23, 1986
Submitted Date
Jun 23, 1986
Chamber
Senate
Update Date
Jun 30, 2021
Amendment 2156 — Informed