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H.R. 2659

BillFederalHouseIn Committee
Conservation Reserve Program Tax Fairness Act of 2007
About This Bill
Committee
Latest Action · June 11, 2007
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
June 11, 2007
Cosponsors (15)
8D 7R
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Summary

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Conservation Reserve Program Tax Fairness Act of 2007 - Amends the Internal Revenue Code and the Social Security Act to treat 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 Treasury to specified social security trust funds amounts necessary to cover any reductions in trust fund revenues resulting from this Act.

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