HR 9041 · 95th Congress · Taxation

A bill to amend section 447 of the Internal Revenue Code pertaining to accounting procedures for businesses operating nurseries.

Introduced 1977-09-12· Sponsored by Rep. Ireland, Andrew P. [D-FL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-09-12)

Plain Language Summary

[AI summary unavailable — showing source text] Makes a technical amendment to the provision of the Internal Revenue Code which exempts businesses operating nurseries from the requirement of computing income on an accrual method with the capitalization of preproductive period expenses.…

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