Summary: H.R.5151 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.5151. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (08/03/1988)

Amends accounting provisions of the Internal Revenue Code to provide that the percentage completion method shall not be required in the case of any residential construction contract that the taxpayer expects to be completed within one year.