legislation: 96-hr-8264
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 96-hr-8264 | 96 | hr | 8264 | Small Business Inventory Simplification Act of 1980 | Taxation | 1980-10-01 | 1980-10-01 | Referred to House Committee on Ways and Means. | House | Rep. Nowak, Henry [D-NY-37] | NY | D | N000163 | 0 | Small Business Inventory Simplification Act of 1980 - Amends the Internal Revenue Code to allow a qualified small business to elect the cash method of accounting regardless of any requirement to use inventories if: (1) the average annual gross receipts for the three preceding taxable years do not exceed $1,500,000; and (2) such small business was qualified for each of the two preceding taxable years. | 2025-09-02T13:55:06Z |