Home > 106th Congressional Bills > H.R. 3595 (eh) To increase the authorization of appropriations for the Reclamation Safety of Dams Act of 1978, and for other purposes. [Engrossed in House] ...
H.R. 3595 (eh) To increase the authorization of appropriations for the Reclamation Safety of Dams Act of 1978, and for other purposes. [Engrossed in House] ...
106th CONGRESS
2d Session
H. R. 3594
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 15 (legislative day, September 22), 2000
Received
_______________________________________________________________________
AN ACT
To repeal the modification of the installment method.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Installment Tax Correction Act of
2000''.
SEC. 2. REPEAL OF MODIFICATION OF INSTALLMENT METHOD.
(a) In General.--Subsection (a) of section 536 of the Ticket to
Work and Work Incentives Improvement Act of 1999 (relating to
modification of installment method and repeal of installment method for
accrual method taxpayers) is repealed effective with respect to sales
and other dispositions occurring on or after the date of the enactment
of such Act.
(b) Applicability.--The Internal Revenue Code of 1986 shall be
applied and administered as if that subsection (and the amendments made
by that subsection) had not been enacted.
Passed the House of Representatives December 15, 2000.
Attest:
JEFF TRANDAHL,
Clerk.
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