A bill to revise present nursery exemption in Section 447(a) Title 26, U.S.C., to apply regardless of form of business or present method of accounting.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to state that, regardless of the form of business or method of accounting, no person shall be required to maintain inventories of growing plants in the course of the trade or business of operating a nursery.…