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.
The bill’s titles are written by its sponsor.
Sponsor. Senator for Alabama. Republican.
Last Updated: Oct 16, 2007
Length: 20 pages
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.
Oct 16, 2007
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
S. 2167 (110th) was a 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.
This bill was introduced in the 110th Congress, which met from Jan 4, 2007 to Jan 3, 2009. Legislation not enacted by the end of a Congress is cleared from the books.
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Civic Impulse. (2018). 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. January 22, 2018 <https://www.govtrack.us/congress/bills/110/s2167>
|title=S. 2167 (110th)
|accessdate=January 22, 2018
|author=110th Congress (2007)
|date=October 16, 2007
|quote=Farm Savings Account Act of 2007
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