Supply Chain Disruptions Relief Act

referredUnited States· United States Congress· EN

Introduced

15 February 2023

Last action

15 February 2023 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Brown, Sherrod [D-OH], Sen. Scott, Tim [R-SC], Sen. Baldwin, Tammy [D-WI], Sen. Blumenthal, Richard [D-CT], Sen. Cardin, Benjamin L. [D-MD], Sen. Carper, Thomas R. [D-DE], Sen. Coons, Christopher A. [D-DE], Sen. Cortez Masto, Catherine [D-NV], Sen. Duckworth, Tammy [D-IL], Sen. Feinstein, Dianne [D-CA], Sen. Hassan, Margaret Wood [D-NH], Sen. Kelly, Mark [D-AZ], Sen. King, Angus S., Jr. [I-ME], Sen. Klobuchar, Amy [D-MN], Sen. Manchin, Joe, III [D-WV], Sen. Murray, Patty [D-WA], Sen. Padilla, Alex [D-CA], Sen. Peters, Gary C. [D-MI], Sen. Shaheen, Jeanne [D-NH], Sen. Smith, Tina [D-MN], Sen. Stabenow, Debbie [D-MI], Sen. Tester, Jon [D-MT], Sen. Van Hollen, Chris [D-MD], Sen. Warnock, Raphael G. [D-GA], Sen. Barrasso, John [R-WY], Sen. Blackburn, Marsha [R-TN], Sen. Boozman, John [R-AR], Sen. Braun, Mike [R-IN], Sen. Capito, Shelley Moore [R-WV], Sen. Cassidy, Bill [R-LA], Sen. Cornyn, John [R-TX], Sen. Cramer, Kevin [R-ND], Sen. Crapo, Mike [R-ID], Sen. Daines, Steve [R-MT], Sen. Grassley, Chuck [R-IA], Sen. Hagerty, Bill [R-TN], Sen. Hoeven, John [R-ND], Sen. Hyde-Smith, Cindy [R-MS], Sen. Johnson, Ron [R-WI], Sen. Lankford, James [R-OK], Sen. Lummis, Cynthia M. [R-WY], Sen. Marshall, Roger [R-KS], Sen. Moran, Jerry [R-KS], Sen. Risch, James E. [R-ID], Sen. Rounds, Mike [R-SD], Sen. Rubio, Marco [R-FL], Sen. Scott, Rick [R-FL], Sen. Thune, John [R-SD]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Official source Download file View documents Share

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.

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

Timeline

15 February 2023
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
15 February 2023
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 15 February 2023 · Download file

Documents

3 official files

Introduced in Senate (text)

View file Download file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Vertaal naar

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Introduced in Senate (text)
Introduced in Senate · EN · 15 February 2023
View Download Open at official source
Introduced in Senate (PDF)
Introduced in Senate · EN · 15 February 2023
View Download Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in Senate
summary · EN · 15 February 2023
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → Supply Chain Disruptions Relief Act
related to ← Supply Chain Disruptions Relief Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/118th-congress/senate-bill/443
Open data entity: https://api.congress.gov/v3/bill/118/s/443
us · 118-s-443 · source updated 5 December 2025