United States · Bill · S
S. 1632 (97th)
A bill to amend the Internal Revenue Code of 1954 to allow certain partnerships and partners to continue to report income on the cash method.
Introduced
17 September 1981
Last action
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Status
Committee on Finance requested executive comment from OMB; Treasury Department.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to allow certain partnerships engaged in farming to elect to compute their income from farming under both the accrual method of accounting and the method used in the year preceding the year the accrual method became a requirement.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 17 September 1981
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1632
- Open data entity: https://api.congress.gov/v3/bill/97/s/1632