To amend the Internal Revenue Code of 1986 to provide an exception to percentage of completion method of accounting for certain residential construction contracts.
USA115th CongressHR-3659| House
| Updated: 8/18/2017
Carlos Curbelo
Republican Representative
Florida
Cosponsors (1)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Fair Accounting for Condominium Construction Act This bill amends the Internal Revenue Code to exempt certain residential construction contracts from the requirement to use the percentage of completion method of accounting.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Accounting and auditingContracts and agencyHousing industry and standardsTax administration and collection, taxpayers
To amend the Internal Revenue Code of 1986 to provide an exception to percentage of completion method of accounting for certain residential construction contracts.
USA115th CongressHR-3659| House
| Updated: 8/18/2017
Fair Accounting for Condominium Construction Act This bill amends the Internal Revenue Code to exempt certain residential construction contracts from the requirement to use the percentage of completion method of accounting.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Carlos Curbelo
Republican Representative
Florida
Cosponsors (1)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingContracts and agencyHousing industry and standardsTax administration and collection, taxpayers