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United States · Bill · HR

H.R. 466 (100th)

A bill to terminate the cash method of accounting for certain large food processing concerns.

referredUnited States· United States Congress· EN

Introduced

7 January 1987

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 prohibit certain large food processing concerns from using the cash method of accounting for income tax purposes. Defines "processing" to include the slaughter or evisceration of livestock.

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Documents

1 official file

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