A bill to amend the Internal Revenue Code of 1986 to provide that certain minimum tax and accounting rules (added by the Tax Reform Act of 1986) applicable to installment obligations shall not apply to obligations arising from sales of property by nondealers.

Introduced

8 January 1987

Last action

8 January 1987 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Jenkins, Edgar L. [D-GA-9], Rep. Pickle, J. J. [D-TX-10], Rep. Schulze, Richard T. [R-PA-5], Rep. Matsui, Robert T. [D-CA-5], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Archer, Bill [R-TX-7], Sen. Brown, Hank [R-CO], Rep. LaFalce, John J. [D-NY-29], Sen. Gregg, Judd [R-NH], Rep. Wolpe, Howard E. [D-MI-3], Rep. Kildee, Dale E. [D-MI-5], Rep. Pursell, Carl D. [R-MI-2], Rep. Slattery, Jim [D-KS-2], Rep. Quillen, James H. (Jimmy) [R-TN-1], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Boner, William H. [D-TN-5], Rep. Coble, Howard [R-NC-6], Rep. McMillan, J. Alex [R-NC-9], Rep. Johnson, Nancy L. [R-CT-5], Rep. Lent, Norman F. [R-NY-4], Rep. Anderson, Glenn M. [D-CA-32], Rep. Ballenger, Cass [R-NC-10], Rep. Sundquist, Don [R-TN-7], Rep. Tallon, Robert M. (Robin) [D-SC-6], Rep. Neal, Stephen L. [D-NC-5], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Dowdy, Wayne [D-MS-4], Rep. Studds, Gerry E. [D-MA-10], Rep. Stump, Bob [R-AZ-3], Rep. Williams, Pat [D-MT-At Large], Rep. Cooper, Jim [D-TN-5], Rep. Swift, Al [D-WA-2], Rep. Martinez, Matthew G. [D-CA-31], Rep. Hefner, W. G. (Bill) [D-NC-8], Rep. Nielson, Howard C. [R-UT-3], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Wolf, Frank R. [R-VA-10], Rep. Barton, Joe [R-TX-6], Rep. Darden, George (Buddy) [D-GA-7], Rep. Lehman, Richard H. [D-CA-19], Rep. Rose, Charlie [D-NC-7], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Evans, Lane [D-IL-17], Rep. Daniel, W. C. (Dan) [D-VA-5], Rep. Robinson, Tommy F. [D-AR-2], Rep. Lancaster, H. Martin [D-NC-3], Rep. Bilirakis, Michael [R-FL-9]

Subjects

Taxation

Source updated

7 February 2024