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United States · Bill · S

S. 2245 (95th)

A bill to amend section 453 of the Internal Revenue Code of 1954.

referredUnited States· United States Congress· EN

Introduced

27 October 1977

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to provide that ordinary promissory notes shall be treated as evidence of indebtedness for purposes of reporting income from certain sales on the installment method.

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Versions

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Documents

1 official file

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Sources

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