PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 4020 (100th)

A bill to amend the Internal Revenue Code of 1986 to exempt small manufacturers from the capitalization rules added by the Tax Reform Act of 1986.

referredUnited States· United States Congress· EN

Introduced

25 February 1988

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to exempt from the required application of uniform inventory cost capitalization rules the relevant costs of a taxpayer-manufacturer whose receipts for the preceding three years are $10,000,000 or less.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.