A bill to repeal the changes made by the Tax Reform Act of 1984 with respect to the tax treatment of debt instruments issued for property.

Summary

Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted.

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

Timeline

1. 31 January 1985

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 31 January 1985

   Introduced

   Introduced in House

   Source: IntroReferral

3. 31 January 1985

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 April 1985

   Committee

   Committee Hearings Held.

   Source: Committee

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 · 31 January 1985

  Open at official source

Sponsors

• Rep. Hammerschmidt, John P. [R-AR-3] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to repeal the changes made by the Tax Reform Act of 1984 with respect to the tax treatment of debt instruments issued for property.