- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on Ways and MeansIntroducedJuly 31st, 2009
- house Committees
Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.
To amend the Internal Revenue Code of 1986 to allow dealers in real estate to use the installment sales method.
Amends the Internal Revenue Code to repeal the prohibition against dealers in real property using the installment method for reporting income from an installment sale.