HR 2189 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow the use of completed contract method of accounting in the case of certain long-term naval vessel construction contracts.

Introduced 2001-06-14· Sponsored by Rep. Johnson, Nancy L. [R-CT-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-06-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit a taxpayer to elect to use the completed contract accounting method with respect to an qualified naval construction contract (more than 24 months in duration).…

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

Cosponsors (20)

5 Democrats14 Republicans1 Independent
Rep. Jefferson, William J. [D-LA-2]LA
Rep. McCrery, Jim [R-LA-4]LA
Rep. Spence, Floyd [R-SC-2]SC
Rep. Hunter, Duncan [R-CA-52]CA
Rep. Weldon, Curt [R-PA-7]PA
Rep. Taylor, Gene [D-MS-5]MS
Rep. Saxton, Jim [R-NJ-3]NJ
Rep. Simmons, Rob [R-CT-2]CT
Rep. Maloney, James H. [D-CT-5]CT
Rep. Davis, Jo Ann [R-VA-1]VA
Rep. Schrock, Edward L. [R-VA-2]VA
Rep. Cunningham, Randy (Duke) [R-CA-51]CA
Rep. Wicker, Roger F. [R-MS-1]MS
Rep. Vitter, David [R-LA-1]LA
Rep. Cooksey, John [R-LA-5]LA
Rep. Cantor, Eric [R-VA-7]VA
Rep. Scott, Robert C. "Bobby" [D-VA-3]VA
Rep. Pickering, Charles W. "Chip" [R-MS-3]MS
Rep. Shows, Ronnie [D-MS-4]MS
Rep. Goode, Virgil H., Jr. [I-VA-5]VA