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United States · Bill · HR

H.R. 2853 (102nd)

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.

referredUnited States· United States Congress· EN

Introduced

10 July 1991

Last action

10 July 1991 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Henry, Paul B. [R-MI-5], Rep. Upton, Fred [R-MI-6], Rep. Vander Jagt, Guy [R-MI-9], Rep. Camp, Dave [R-MI-4]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Summary

Amends the Internal Revenue Code to provide that the percentage of completion method of accounting for long-term contracts for the manufacture of property is not required unless payment is required to be made before the manufacture of such property is completed.

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

Timeline

  1. 10 July 1991

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 10 July 1991

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  3. 10 July 1991

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

    ViewDownloadOpen at official source

  • Introduced in House

    summary · EN · 10 July 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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