HR 567 · 100th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide that certain minimum tax and accounting rules (added by the Tax Reform Act of 1986) applicable to installment obligations shall not apply to obligations arising from sales of property by nondealers.

Introduced 1987-01-08· Sponsored by Rep. Jenkins, Edgar L. [D-GA-9]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1987-01-08)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that specified minimum tax and accounting rules applicable to installment obligations shall not apply to obligations arising from sales of property by nondealers.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

10 Democrats10 Republicans
Rep. Pickle, J. J. [D-TX-10]TX
Rep. Schulze, Richard T. [R-PA-5]PA
Rep. Matsui, Robert T. [D-CA-3]CA
Rep. Flippo, Ronnie G. [D-AL-5]AL
Rep. Coelho, Anthony Lee [D-CA-15]CA
Rep. Archer, Bill [R-TX-7]TX
Rep. Brown, Hank [R-CO-4]CO
Rep. LaFalce, John J. [D-NY-32]NY
Rep. Gregg, Judd [R-NH-2]NH
Rep. Wolpe, Howard E. [D-MI-3]MI
Rep. Kildee, Dale E. [D-MI-7]MI
Rep. Pursell, Carl D. [R-MI-2]MI
Rep. Slattery, Jim [D-KS-2]KS
Rep. Quillen, James H. (Jimmy) [R-TN-1]TN
Rep. Foglietta, Thomas M. [D-PA-1]PA
Rep. Boner, William H. [D-TN-5]TN
Rep. Coble, Howard [R-NC-6]NC
Rep. McMillan, J. Alex [R-NC-9]NC
Rep. Johnson, Nancy L. [R-CT-6]CT
Rep. Lent, Norman F. [R-NY-4]NY