A bill to amend the Internal Revenue Code of 1954 to exempt certain corporations from the provisions requiring the accrual method of accounting for corporations engaged in farming.

Summary

Amends the Internal Revenue Code to exempt certain corporations substantially owned by members of two or three families from the requirement that corporations engaged in farming use the accrual method of accounting.

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

Timeline

1. 28 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

2. 28 April 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 28 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in House

  summary · EN · 28 April 1977

  Open at official source

Sponsors

• Rep. Hamilton, Lee H. [D-IN-9] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to exempt certain corporations from the provisions requiring the accrual method of accounting for corporations engaged in farming.