To amend the Internal Revenue Code of 1986 to provide an exception to percentage of completion method of accounting for certain residential construction contracts.

United States115th CongressHR-3659House of Representatives
Updated: Aug 18, 2017

Summary

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.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

    House of Representatives

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