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Latest Update: Friday, July, 25th 2008

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.

2/6/2007--Introduced.

Amends the Internal Revenue Code to allow tax-free exchanges of shares in certain mutual ditch, reservoir, or irrigation companies.

Latest Actions
  • 02/06/2007 - Read twice and referred to the Committee on Finance.
Bill Text
File name Last Updated
S.499 Introduced in Senate08/31/2007