HR 3440 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow dealers in real estate to use the installment sales method.

Introduced 2009-07-31· Sponsored by Rep. Pascrell, Bill, Jr. [D-NJ-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the prohibition against dealers in real property using the installment method for reporting income from an installment sale.…

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

Cosponsors (5)

1 Democrat4 Republicans