S. 2985 (97th): A bill to amend the Internal Revenue Code of 1954 to provide that debts shall accrue only in certain circumstances.


Sep 30, 1982
97th Congress, 1981–1982

Died in a previous Congress

This bill was introduced on September 30, 1982, in a previous session of Congress, but was not enacted.


Howard Cannon

Senator from Nevada


About the bill

Summary (CRS)

9/30/1982--Introduced.Amends the Internal Revenue Code to provide that in the case of accrual method taxpayers: (1) a debt owed to the taxpayer shall not be included in the income of ... Read more >

The bill’s title was written by its sponsor.


Sep 30, 1982

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2985”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


2 cosponsors (1R, 1D) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Subject Areas
Find Similar Bills

Search for similar bills.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


Click a format for a citation suggestion: