H.R. 2251 · 108th Congress
To amend the Internal Revenue Code of 1986 to treat as a qualified use for purposes of section 2032A land rented on a net cash basis to any member of the decedent's family.
- Stage
- In committee
- Sponsor
- Jerry Moran
- Introduced
- 2003-05-22
- Latest action
- 2003-05-22 · Introduced in House
Summary
Amends the Internal Revenue Code, with respect to estate and gift tax provisions, to treat land rented on a net cash basis to a member of a decedent's family as a qualified use for alternative farm valuation purposes.