US SB443 | 2023-2024 | 118th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-02-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill 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

Sen. Sherrod Brown [D-OH]Sen. Tim Scott [R-SC]Sen. Tammy Baldwin [D-WI]Sen. Richard Blumenthal [D-CT]
Sen. Benjamin Cardin [D-MD]Sen. Thomas Carper [D-DE]Sen. Christopher Coons [D-DE]Sen. Catherine Cortez Masto [D-NV]
Sen. Tammy Duckworth [D-IL]Sen. Dianne Feinstein [D-CA]Sen. Margaret Hassan [D-NH]Sen. Mark Kelly [D-AZ]
Sen. Angus King [I-ME]Sen. Amy Klobuchar [D-MN]Sen. Joe Manchin [D-WV]Sen. Patty Murray [D-WA]
Sen. Alex Padilla [D-CA]Sen. Gary Peters [D-MI]Sen. Jeanne Shaheen [D-NH]Sen. Tina Smith [D-MN]
Sen. Debbie Stabenow [D-MI]Sen. Jon Tester [D-MT]Sen. Chris Van Hollen [D-MD]Sen. Raphael Warnock [D-GA]
Sen. John Barrasso [R-WY]Sen. Marsha Blackburn [R-TN]Sen. John Boozman [R-AR]Sen. Mike Braun [R-IN]
Sen. Shelley Capito [R-WV]Sen. Bill Cassidy [R-LA]Sen. John Cornyn [R-TX]Sen. Kevin Cramer [R-ND]
Sen. Mike Crapo [R-ID]Sen. Steve Daines [R-MT]Sen. Chuck Grassley [R-IA]Sen. Bill Hagerty [R-TN]
Sen. John Hoeven [R-ND]Sen. Cindy Hyde-Smith [R-MS]Sen. Ron Johnson [R-WI]Sen. James Lankford [R-OK]
Sen. Cynthia Lummis [R-WY]Sen. Roger Marshall [R-KS]Sen. Jerry Moran [R-KS]Sen. James Risch [R-ID]
Sen. Mike Rounds [R-SD]Sen. Marco Rubio [R-FL]Sen. Rick Scott [R-FL]Sen. John Thune [R-SD]
Sen. Thom Tillis [R-NC]Sen. Roger Wicker [R-MS]Sen. Katie Boyd Britt [R-AL]Sen. Deb Fischer [R-NE]
Sen. J.D. Vance [R-OH]Sen. Robert Casey [D-PA]Sen. Jacky Rosen [D-NV]Sen. Robert Menendez [D-NJ]
Sen. Charles Schumer [D-NY]Sen. Ted Budd [R-NC]Sen. Markwayne Mullin [R-OK]Sen. Tim Kaine [D-VA]
Sen. Mike Lee [R-UT]Sen. Todd Young [R-IN]Sen. Ted Cruz [R-TX]Sen. Joni Ernst [R-IA]

History

DateChamberAction
2023-02-15SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB700 (Same As) 2023-02-01 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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