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United States · Bill · S

S. 1640 (100th)

A bill to amend the Internal Revenue Code of 1986 to allow reserve for bad debts to production credit associations and banks for cooperatives.

referredUnited States· United States Congress· EN

Introduced

7 August 1987

Last action

7 August 1987 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Baucus, Max [D-MT], Sen. Daschle, Thomas A. [D-SD], Sen. Burdick, Quentin N. [D-ND], Sen. Conrad, Kent [D-ND]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Amends the Internal Revenue Code to permit production credit associations and banks for cooperatives an income tax deduction for any reasonable addition to a reserve for bad debts.

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

Timeline

  1. 7 August 1987

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 7 August 1987

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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