To amend the Internal Revenue Code of 1986 to provide that the percentage of completion method of accounting shall not be required to be used with respect to contracts for the manufacture of property if no payments are required to be made before the completion of the manufacture of such property.

Summary

Amends the Internal Revenue Code to provide that the use of the percentage of completion method of accounting is not required with respect to contracts for the manufacture of property if no payments are required to be made before the completion of the manufacture of such property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 January 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 January 1995 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 January 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 January 1995

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 January 1995

  Open at official source

Sponsors

• Rep. Ehlers, Vernon J. [R-MI-3] · R · Sponsor
• · hswm00 · Standing

Related records

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