PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 778 (99th)

A bill entitled: "The Anti-Profit Padding Act of 1985".

referredUnited States· United States Congress· EN

Introduced

30 January 1985

Last action

—

Status

Referred to Subcommittee on Economic Stabilization.

Sponsors

—

Subjects

Discovery layer

Source updated

6 February 2024

Official sourceView documentsShare

Summary

Prohibits Government contracts to which cost accounting standards under the Defense Production Act of 1950 are applicable from treating the contractor's costs for facilities capital as allowable costs. Prohibits, under such contracts, facilities capital costs from being considered as incurred by the contractor. States that the cost accounting standard (4 C.F.R. 414) issued by the Cost Accounting Standards Board under the Defense Production Act of 1950, effective October 1, 1976, shall not apply to any contract for which a request for proposal is issued after enactment of this Act.

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.