Reported by Committee — Feb 9, 2016
Last Action: Placed on the House Calendar, Calendar No. 89.
Explanation: The committees assigned to this resolution sent it to the House or Senate as a whole for consideration on February 9, 2016.
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Oct 16, 2007
110th Congress, 2007–2009
This bill was introduced on October 16, 2007, in a previous session of Congress, but was not enacted.
Senator from Alabama
Read Text »
Last Updated: Oct 16, 2007
Length: 20 pages
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 title was written by its sponsor.
This is the first step in the legislative process.
This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2167”). 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 committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
Click a format for a citation suggestion:
Civic Impulse. (2016). 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. February 10, 2016 <https://www.govtrack.us/congress/bills/110/s2167>
|title=S. 2167 (110th)
|accessdate=February 10, 2016
|author=110th Congress (2007)
|date=October 16, 2007
|quote=Farm Savings Account Act of 2007