HR 3900 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow certain partnerships and partners to continue to report income on the cash method.

Introduced 1981-06-11· Sponsored by Rep. Mica, Daniel Andrew [D-FL-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-06-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow certain partnerships engaged in farming to elect to compute their income from farming under both the accrual method of accounting and the method used in the year preceding the year the accrual method became a requirement.…

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