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United States · Bill · S

S. 4105 (117th)

Supply Chain Disruptions Relief Act

openUnited States· United States Congress· EN

Introduced

28 April 2022

Last action

Status

Held at the desk.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Supply Chain Disruptions Relief Act This bill modifies the treatment of liquidations of new motor vehicle inventory as qualified LIFO (last in first out accounting method) inventory. It allows new motor vehicle dealers to elect to wait until the end of 2025 to replace their inventory for purposes of determining income attributable to the sale of such inventory during 2020 and 2021.

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Documents

6 official files

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