H.R.2618: To clarify the accounting treatment for Federal income tax purposes of deposits and similar amounts received by a tour operator for a tour arranged by such operator.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced July 24, 2001
  • Latest Major Action July 24, 2001

Bill Summary

Provides for the tax accounting treatment of amounts received by a tour operator using an accrual method of accounting from or on behalf of passengers in advance of the departure of a tour arranged by such operator.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 24, 2001

Introduced in the House by E. Clay Shaw (R-Fla.)

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