To amend the Internal Revenue Code of 1986 to delay the application of the substantiation requirements to reimbursement arrangements of certain loggers.

Summary

Requires, for any taxable year beginning before January 1, 1993, treating a timber industry arrangement under which up to 25 percent of a logger's compensation is treated as reimbursement for the use of the logger's chain saw as an accountable plan for purposes of Internal Revenue Code provisions relating to deductions from gross income. Makes payments under such an arrangement deductible from gross income. Waives, for one year after enactment of this Act, any law or rule of law (including res judicata) that would have been prevented the application of this Act.

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

Timeline

1. 7 December 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 7 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 December 1995 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 December 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 December 1995

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 December 1995

  Open at official source

Sponsors

• Rep. Stupak, Bart [D-MI-1] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.