HR 10415 · 95th Congress · Taxation

A bill to extend the effective date of the prepaid interest limitations of the Tax Reform Act of 1976 for fiscal year individuals.

Introduced 1978-01-19· Sponsored by Rep. Annunzio, Frank [D-IL-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-01-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Tax Reform Act of 1976 to delay for one year, in the case of individuals whose taxable year is a fiscal year, the limitations imposed by such Act on the deduction of prepaid interest by cash basis taxpayers.…

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