118th Congress Taxation
S. 443: Supply Chain Disruptions Relief Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill modifies the treatment of liquidations of new motor vehicle inventory as qualified LIFO (last in first out accounting method) inventory. It allows new motor vehicle dealers to elect to wait until the end of 2025 to replace their inventory for purposes of determining income attributable to the sale of such inventory during 2020 and 2021.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Tammy Baldwin D-WIOriginal
- John Boozman R-AROriginal
- Marsha Blackburn R-TNOriginal
- John Barrasso R-WYOriginal
- Richard Blumenthal D-CTOriginal
- Mike Braun R-INOriginal
- Benjamin Cardin D-MDOriginal
- Thomas Carper D-DEOriginal
- Michael Crapo R-IDOriginal
- Shelley Capito R-WVOriginal
- John Cornyn R-TXOriginal
- Bill Cassidy R-LAOriginal
- Christopher Coons D-DEOriginal
- Kevin Cramer R-NDOriginal
- Catherine Cortez Masto D-NVOriginal
- Steve Daines R-MTOriginal
- Tammy Duckworth D-ILOriginal
- Dianne Feinstein D-CAOriginal
- Charles Grassley R-IAOriginal
- Bill Hagerty R-TNOriginal
- John Hoeven R-NDOriginal
- Margaret Hassan D-NHOriginal
- Cindy Hyde-Smith R-MSOriginal
- Ron Johnson R-WIOriginal
- Amy Klobuchar D-MNOriginal
- Mark Kelly D-AZOriginal
- Angus King I-MEOriginal
- Cynthia Lummis R-WYOriginal
- James Lankford R-OKOriginal
- Jerry Moran R-KSOriginal
- Patty Murray D-WAOriginal
- Joe Manchin I-WVOriginal
- Roger Marshall R-KSOriginal
- Alejandro Padilla D-CAOriginal
- Gary Peters D-MIOriginal
- James Risch R-IDOriginal
- Marco Rubio R-FLOriginal
- Mike Rounds R-SDOriginal
- Debbie Stabenow D-MIOriginal
- Jeanne Shaheen D-NHOriginal
- Tim Scott R-SCOriginal
- Tina Smith D-MNOriginal
- Rick Scott R-FLOriginal
- John Thune R-SDOriginal
- Jon Tester D-MTOriginal
- Thom Tillis R-NCOriginal
- Chris Van Hollen D-MDOriginal
- Roger Wicker R-MSOriginal
- Raphael Warnock D-GAOriginal
- Katie Britt R-AL
- Deb Fischer R-NE
- James David Vance R-OH
- Robert Casey D-PA
- Jacky Rosen D-NV
- Ted Budd R-NC
- Robert Menendez D-NJ
- Charles Schumer D-NY
- Timothy Kaine D-VA
- Markwayne Mullin R-OK
- Mike Lee R-UT
- Todd Young R-IN
- Ted Cruz R-TX
- Joni Ernst R-IA
Who scored on this bill
- 1Sherrod Brown SponsorDrew cross-party cosponsors, reached a cosponsor milestone, introduced4 events+18
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Sherrod Brown
- S. 2784: To amend the Dayton Aviation Heritage Preservation Act of 1992 to adjust the boundary of the Dayton Aviation Heritage National Historical Park, and for other purposes
- S. 131: Improving Access to Workers’ Compensation for Injured Federal Workers Act
- S. 1973: All-American Flag Act
- S. 2190: RECOUP Act of 2023
- S. 576: Railway Safety Act of 2023
History
- Introduced in the Senate by Sherrod Brown.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.