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H.R. 2659, The Conservation Reserve Program Tax Fairness Act of 2007
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on June 28, 2007, 13:58:17 (webmaster):
H.R. 2659 would treat payments under the Conservation Reserve Program as rentals from real estate.
== Detailed Summary ==
<summary>
(Log in to editConservation Reserve Program Tax Fairness Act of 2007 - Amends the wikiInternal Revenue Code and be the firstSocial Security Act to provide a detailed summarytreat payments under the Conservation Acreage Reserve Program as rentals from real estate and thus not self employment income subject to employment tax. Transfers from the general fund of the bill!)Treasury to specified social security trust funds amounts necessary to cover any reductions in trust fund revenues resulting from this Act.
</summary>
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== Status of the Legislation ==
<status>
(Log inLatest Major Action: 6/11/2007: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Ways and be the first to update the status of the bill!)Means.
</status>
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== Points in Favor ==
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== Points Against ==
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