[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3568 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 3568

To restore the right of accrual basis taxpayers to use the installment 
                method for Federal income tax purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 2000

 Mr. Kleczka introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To restore the right of accrual basis taxpayers to use the installment 
                method for Federal income tax purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. RESTORATION OF RIGHT OF ACCRUAL BASIS TAXPAYERS TO USE 
              INSTALLMENT METHOD.

    Subsection (a) of section 536 of the Ticket to Work and Work 
Incentives Improvement Act of 1999 (and the amendments made by such 
subsection) are hereby repealed, and the Internal Revenue Code of 1986 
shall be applied as if such subsection (and amendments) had never been 
enacted.
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