H.R.3440: To amend the Internal Revenue Code of 1986 to allow dealers in real estate to use the installment sales method.

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced July 31, 2009
  • Latest Major Action July 31, 2009

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 31, 2009

Introduced in the House by Bill Pascrell Jr. (D-N.J.)

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