US HB700 | 2023-2024 | 118th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 1 2023 - 25% progression
Action: 2023-02-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To treat certain liquidations of new motor vehicle inventory as qualified liquidations of LIFO inventory for purposes of the Internal Revenue Code of 1986.

Tracking Information

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Title

Supply Chain Disruptions Relief Act

Sponsors

Rep. Jody Arrington [R-TX]Rep. Daniel Kildee [D-MI]Rep. John James [R-MI]Rep. Ron Estes [R-KS]
Rep. Brian Fitzpatrick [R-PA]Rep. Diana Harshbarger [R-TN]Rep. Tom Tiffany [R-WI]Rep. Mike Gallagher [R-WI]
Rep. Josh Gottheimer [D-NJ]Rep. Bryan Steil [R-WI]Rep. Scott Fitzgerald [R-WI]Rep. Don Beyer [D-VA]
Rep. Robert Wittman [R-VA]Rep. Jimmy Panetta [D-CA]Rep. John Moolenaar [R-MI]Rep. David Trone [D-MD]
Rep. Jared Golden [D-ME]Rep. Derek Kilmer [D-WA]Rep. Joseph Morelle [D-NY]Rep. John Larson [D-CT]
Rep. Chrissy Houlahan [D-PA]Rep. Earl Blumenauer [D-OR]Rep. Mark Pocan [D-WI]Rep. Jim Costa [D-CA]
Rep. Marc Veasey [D-TX]Rep. Dina Titus [D-NV]Rep. Gerald Connolly [D-VA]Rep. Mike D. Rogers [R-AL]
Rep. Angela Craig [D-MN]Rep. Judy Chu [D-CA]Rep. Brendan Boyle [D-PA]Rep. Sanford Bishop [D-GA]
Rep. Keith Self [R-TX]Rep. Betty McCollum [D-MN]Rep. Julia Brownley [D-CA]Rep. Ann Wagner [R-MO]
Rep. Claudia Tenney [R-NY]Rep. Dwight Evans [D-PA]Rep. Morgan Griffith [R-VA]Rep. Bill Johnson [R-OH]
Rep. Bill Pascrell [D-NJ]Rep. Deborah Ross [D-NC]Rep. Salud Carbajal [D-CA]Rep. Sara Jacobs [D-CA]
Rep. Susan Wild [D-PA]Rep. Lance Gooden [R-TX]Rep. Eric Swalwell [D-CA]Rep. Madeleine Dean [D-PA]
Rep. Drew Ferguson [R-GA]Rep. Charles Fleischmann [R-TN]Rep. David Schweikert [R-AZ]Rep. Matthew Cartwright [D-PA]
Rep. Derrick Van Orden [R-WI]Rep. Ben Cline [R-VA]Rep. Michael Simpson [R-ID]Rep. Suzan DelBene [D-WA]
Rep. Ken Buck [R-CO]Rep. Mike Bost [R-IL]Rep. Danny Davis [D-IL]Rep. Mike Flood [R-NE]
Rep. Lori Trahan [D-MA]Rep. Brian Higgins [D-NY]Rep. Lisa Rochester [D-DE]Rep. Christopher Pappas [D-NH]
Rep. Marcy Kaptur [D-OH]Rep. Linda Sanchez [D-CA]Rep. Brad Finstad [R-MN]Rep. Mike Kelly [R-PA]
Rep. Veronica Escobar [D-TX]Rep. Blake Moore [R-UT]Rep. Jared Moskowitz [D-FL]Rep. Donald Davis [D-NC]
Rep. Jim Jordan [R-OH]Rep. Jeff Jackson [D-NC]Rep. Pete Sessions [R-TX]Rep. Brad Wenstrup [R-OH]
Rep. Roger Williams [R-TX]Rep. Carol Miller [R-WV]Rep. Jacob Laturner [R-KS]Rep. Pete Stauber [R-MN]
Rep. Troy Balderson [R-OH]Rep. C.A. Ruppersberger [D-MD]Rep. Debbie Dingell [D-MI]Rep. Warren Davidson [R-OH]
Rep. Michelle Fischbach [R-MN]Rep. Dean Phillips [D-MN]Rep. Jeff Van Drew [R-NJ]Rep. Ann Kuster [D-NH]
Rep. Norma Torres [D-CA]Rep. Joyce Beatty [D-OH]Rep. Troy Nehls [R-TX]Rep. Patrick Fallon [R-TX]
Rep. Maria Salazar [R-FL]Rep. Greg Murphy [R-NC]Rep. Juan Vargas [D-CA]Rep. Garland Barr [R-KY]
Rep. Darin LaHood [R-IL]Rep. Chuck Edwards [R-NC]Rep. Jimmy Gomez [D-CA]Rep. Mike Carey [R-OH]
Rep. Donald Norcross [D-NJ]Rep. Haley Stevens [D-MI]Rep. Gabe Vasquez [D-NM]Rep. Mariannette Miller-Meeks [R-IA]
Rep. Doug LaMalfa [R-CA]Rep. David Valadao [R-CA]Rep. David Kustoff [R-TN]Rep. David Scott [D-GA]
Rep. Matt Rosendale [R-MT]Rep. Nikki Budzinski [D-IL]Rep. Adrian Smith [R-NE]Rep. Elise Stefanik [R-NY]
Rep. Frank Mrvan [D-IN]Rep. Don Bacon [R-NE]Rep. Terri Sewell [D-AL]Rep. Yadira Caraveo [D-CO]
Rep. Carlos Gimenez [R-FL]Rep. Raja Krishnamoorthi [D-IL]Rep. Robert Latta [R-OH]Rep. Trent Kelly [R-MS]
Sen. Andy Kim [D-NJ]Rep. Lori Chavez-DeRemer [R-OR]Rep. Josh Harder [D-CA]Rep. Michelle Steel [R-CA]
Rep. Ryan Zinke [R-MT]Rep. Jasmine Crockett [D-TX]Rep. Mark Amodei [R-NV]Rep. Greg Landsman [D-OH]
Rep. Burgess Owens [R-UT]Rep. Steve Womack [R-AR]Rep. David Rouzer [R-NC]Rep. Nicholas Langworthy [R-NY]
Rep. Hillary Scholten [D-MI]Rep. Tracey Mann [R-KS]Rep. Michael Guest [R-MS]Rep. Dan Meuser [R-PA]
Rep. Suzanne Lee [D-NV]Rep. Mark Alford [R-MO]Rep. Mike Ezell [R-MS]Rep. Earl Carter [R-GA]
Rep. Randy Feenstra [R-IA]Rep. Guy Reschenthaler [R-PA]Rep. Suzanne Bonamici [D-OR]Rep. Andrew Garbarino [R-NY]
Rep. Bill Foster [D-IL]Rep. Kay Granger [R-TX]Rep. Zachary Nunn [R-IA]Rep. Larry Bucshon [R-IN]
Rep. Monica De La Cruz [R-TX]Rep. Mark Green [R-TN]Rep. Glenn Thompson [R-PA]Rep. Young Kim [R-CA]
Rep. Troy Carter [D-LA]Rep. Paul Tonko [D-NY]Rep. Scott Perry [R-PA]Rep. Tim Burchett [R-TN]
Rep. Juan Ciscomani [R-AZ]Rep. Brian Babin [R-TX]Rep. Emilia Sykes [D-OH]Rep. Shontel Brown [D-OH]
Rep. Chellie Pingree [D-ME]Rep. Ashley Hinson [R-IA]Rep. Elizabeth Van Duyne [R-TX]Rep. Max Miller [R-OH]
Rep. David Joyce [R-OH]Rep. Michael Turner [R-OH]Rep. Abigail Spanberger [D-VA]Rep. Harriet Hageman [R-WY]
Rep. Richard Hudson [R-NC]Rep. Thomas Kean [R-NJ]

History

DateChamberAction
2023-02-01HouseReferred to the House Committee on Ways and Means.
2023-02-01HouseIntroduced in House

Same As/Similar To

SB443 (Same As) 2023-02-15 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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