S. 2167 (110th): Farm Savings Account Act of 2007
Oct 16, 2007
110th Congress, 2007–2009
Died in a previous Congress
This bill was introduced on October 16, 2007, in a previous session of Congress, but was not enacted.
Jefferson “Jeff” Sessions
Senator from Alabama
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Last Updated: Oct 16, 2007
Length: 20 pages
About the bill
- Full Title
A bill to amend the Internal Revenue Code of 1986 to authorize agricultural producers to 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.
Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.
Referred to Committee
Last Action: Apr 17, 2007
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The “S.” in “S. 2167” means this is a Senate bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The bill’s title was written by its sponsor.
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Civic Impulse. (2015). S. 2167 — 110th Congress: Farm Savings Account Act of 2007. Retrieved from https://www.govtrack.us/congress/bills/110/s2167
“S. 2167 — 110th Congress: Farm Savings Account Act of 2007.” www.GovTrack.us. 2007. April 2, 2015 <https://www.govtrack.us/congress/bills/110/s2167>
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|accessdate=April 2, 2015
|author=110th Congress (2007)
|date=October 16, 2007
|quote=Farm Savings Account Act of 2007