S. 3996 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to allow section 1031 treatment for exchanges involving certain mutual ditch, reservoir, or irrigation company stock.
- Stage
- In committee
- Sponsor
- Ken Salazar
- Introduced
- 2006-09-29
- Latest action
- 2006-09-29 · Introduced in Senate
Summary
Amends the Internal Revenue Code to allow tax-free exchanges of shares in certain mutual ditch, reservoir, or irrigation companies.