H.R. 483 · 108th Congress
Livestock Reinvestment Extension Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MoranSponsor8 cosponsors · 8 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Livestock Reinvestment Extension Act of 2003 - Amends the Internal Revenue Code to allow farmers to delay the inclusion in income of the amount earned from the sale of excess livestock due to Federal land management policy or action or to severe weather conditions until the second year following the year in which the special circumstance ceased to…
What it does: CRS summary · Introduced in House · Jan 29, 2003
Sets forth new rules for drought designations. Modifies rules for replacement of involuntarily converted livestock, including to extend the replacement period (for both weather-related sales and sales forced by Federal policy) and to prescribe that an heir to an estate may replace such property within the required time frame.
Applies this Act to sales and exchanges made after December 31, 2000.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Livestock Reinvestment Extension Act of 2003
Latest action (Jan 29, 2003): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 29, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.