A bill to provide that Revenue Ruling 80-60 shall not require a change in the taxpayer's method of accounting for taxable years beginning before 1980.

Summary

Permits a taxpayer who is required to change his method of accounting pursuant to Revenue Ruling 80-60 (inventory valuation) and Revenue Procedure 80-5 to effect such a change only for taxable years beginning after December 31, 1979.

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

Timeline

1. 18 September 1980

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 18 September 1980

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 September 1980

   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 · 18 September 1980

  Open at official source

Sponsors

• Rep. Jenkins, Edgar L. [D-GA-9] · D · Sponsor
• Rep. Heftel, Cecil [D-HI-1] · D · Cosponsor
• Rep. Holland, Kenneth L. [D-SC-5] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to provide that Revenue Ruling 80-60 shall not require a change in the taxpayer's method of accounting for taxable years beginning before 1980.