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- H.R.1993
H.R.1993: American Job Builders Tax Reform Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 25, 2011
- Latest Major Action May 25, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
11 (1 Democrat, 10 Republicans)
Bill Summary
American Job Builders Tax Reform Act of 2011 - 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 2011; and...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
|
May 25, 2011 |
Introduced in the House by Wally Herger (R-Calif.) |