H.R.6097: American Job Builders Tax Reform Act of 2010

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

American Job Builders Tax Reform Act of 2010 - Amends the Internal Revenue Code to: (1) increase from $10 million to $40 million the gross receipts threshold for determining whether a small contractor may adopt an accounting method for reporting income from a construction contract other than the percentage of completion method; (2) allow an annual inflation adjustment to such increased $40 million threshold amount, beginning after 2009; and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Aug. 10, 2010

Introduced in the House by Wally Herger (R-Calif.)

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