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H.R. 2251 (100th): A bill to amend the Internal Revenue Code of 1986 with respect to the definition of preproductive period under the uniform capitalization rules.

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

4/30/1987--Introduced. Amends the Internal Revenue Code to define the preproductive period of an animal, for income tax inventory cost capitalization purposes, as beginning at the birth of the animal or, if later, at the time of its acquisition by the taxpayer.