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H.R. 8684 · 86th Congress · 1959–1960

To amend the Internal Revenue Code of 1954 to provide for deferral of taxation of amounts withheld by a bank or finance company from a dealer in personal property to secure obligations of the dealer, until such time as such amounts are paid to or made ava

H.R. 8684 in the 86th Congress (1959–1960) became law — introduced in 1959, sponsored by Frank Ikard.

During the 86th Congress (1959–1960), Dwight D. Eisenhower was president, and Democrats held majorities in both the House and Senate.

Status
Became law
Introduced
1959
Policy area
Economy

Sponsor

Frank Ikard (D-TX)

Where it stands

  • Introduced1959
  • Passed the HouseYes
  • Passed the SenateYes
  • Sent to the PresidentYes
  • Became lawYes

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From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.