HR 5865 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to treat barter exchanges as third-party recordkeepers for purposes of the special procedures applicable to third-party summonses.

Introduced 1982-03-17· Sponsored by Rep. Gradison, Willis D., Jr. [R-OH-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.4961.(1982-08-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to extend to taxpayers who engage in barter exchanges the right to notice and a court hearing before third-party records must be surrendered to the Internal Revenue Service in a tax investigation.…

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

Cosponsors (4)

2 Democrats2 Republicans