Supply Chain Disruptions Relief Act
Latest action · Apr 4, 2022 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 4, 2022
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Supply Chain Disruptions Relief Act
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.
Cosponsors 174
Members who signed on, in the order they did. Signatures ran from Apr 4, 2022 to Dec 21, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Jodey C. Arrington | Original | Apr 4, 2022 |
| D-IN | André Carson | Apr 5, 2022 | |
| D-VA | Donald S. Beyer, Jr. | Apr 5, 2022 | |
| R-PA | Mike Kelly | Apr 5, 2022 | |
| D-CA | Jimmy Panetta | Apr 6, 2022 | |
| D-OR | Kurt Schrader | Apr 6, 2022 | |
| R-TX | Roger Williams | Apr 6, 2022 | |
| D-PA | Michael F. Doyle | Apr 14, 2022 | |
| R-NY | Tom Reed | Apr 14, 2022 | |
| R-WV | Alexander X. Mooney | Apr 21, 2022 | |
| R-OH | Brad R. Wenstrup | Apr 21, 2022 | |
| D-MI | Brenda L. Lawrence | Apr 21, 2022 | |
| D-NY | Brian Higgins | Apr 21, 2022 | |
| D-IN | Frank J. Mrvan | Apr 21, 2022 | |
| R-AL | Mike Rogers | Apr 21, 2022 | |
| D-OR | Suzanne Bonamici | Apr 21, 2022 | |
| D-NH | Chris Pappas | Apr 26, 2022 | |
| R-WV | David B. McKinley | Apr 26, 2022 | |
| R-KS | Ron Estes | Apr 26, 2022 | |
| D-MD | Anthony G. Brown | Apr 27, 2022 | |
| R-IL | Darin LaHood | Apr 27, 2022 | |
| R-AZ | David Schweikert | Apr 27, 2022 | |
| R-PA | Brian K. Fitzpatrick | May 3, 2022 | |
| R-WV | Carol D. Miller | May 3, 2022 | |
| R-OH | David P. Joyce | May 3, 2022 | |
| D-PA | Madeleine Dean | May 3, 2022 | |
| D-MN | Betty McCollum | May 6, 2022 | |
| D-CA | Eric Swalwell | May 6, 2022 | |
| R-KS | Tracey Mann | May 6, 2022 | |
| R-NY | Chris Jacobs | May 10, 2022 | |
| D-WA | Derek Kilmer | May 10, 2022 | |
| D-NY | Joseph D. Morelle | May 10, 2022 | |
| R-KY | Andy Barr | May 11, 2022 | |
| R-TN | Charles J. "Chuck" Fleischmann | May 11, 2022 | |
| R-KS | Jake LaTurner | May 11, 2022 | |
| D-GA | Sanford D. Bishop, Jr. | May 11, 2022 | |
| D-NV | Dina Titus | May 13, 2022 | |
| R-NV | Mark E. Amodei | May 13, 2022 | |
| D-NY | Thomas R. Suozzi | May 13, 2022 | |
| D-AZ | Tom O'Halleran | May 13, 2022 | |
| D-MN | Angie Craig | May 16, 2022 | |
| D-NC | Deborah K. Ross | May 16, 2022 | |
| D-OH | Joyce Beatty | May 16, 2022 | |
| D-NC | Kathy E. Manning | May 16, 2022 | |
| R-MD | Andy Harris | May 18, 2022 | |
| D-TN | Jim Cooper | May 18, 2022 | |
| R-MT | Matthew M. Rosendale, Sr. | May 18, 2022 | |
| D-CA | Jim Costa | May 20, 2022 | |
| R-IN | Larry Bucshon | May 20, 2022 | |
| D-DE | Lisa Blunt Rochester | May 20, 2022 | |
| R-TN | David Kustoff | May 24, 2022 | |
| R-TN | Diana Harshbarger | May 24, 2022 | |
| D-OR | Earl Blumenauer | May 24, 2022 | |
| R-CO | Ken Buck | May 24, 2022 | |
| R-TN | Mark E. Green | May 24, 2022 | |
| D-TX | Veronica Escobar | May 24, 2022 | |
| R-IA | Ashley Hinson | May 27, 2022 | |
| D-NJ | Bill Pascrell, Jr. | May 27, 2022 | |
| R-CA | Doug LaMalfa | May 27, 2022 | |
| R-IA | Mariannette Miller-Meeks | May 27, 2022 | |
| R-IL | Mike Bost | May 27, 2022 | |
| D-VA | Robert C. "Bobby" Scott | May 27, 2022 | |
| R-TN | Scott DesJarlais | May 27, 2022 | |
| R-OH | Steve Chabot | May 27, 2022 | |
| R-MO | Ann Wagner | Jun 3, 2022 | |
| R-NC | David Rouzer | Jun 3, 2022 | |
| R-NY | John Katko | Jun 3, 2022 | |
| D-NJ | Josh Gottheimer | Jun 3, 2022 | |
| R-PA | Daniel Meuser | Jun 7, 2022 | |
| D-IL | Raja Krishnamoorthi | Jun 7, 2022 | |
| R-OK | Tom Cole | Jun 7, 2022 | |
| R-MO | Vicky Hartzler | Jun 7, 2022 | |
| R-NM | Yvette Herrell | Jun 7, 2022 | |
| R-NE | Adrian Smith | Jun 13, 2022 | |
| D-CA | Brad Sherman | Jun 13, 2022 | |
| D-PA | Brendan F. Boyle | Jun 13, 2022 | |
| D-PA | Chrissy Houlahan | Jun 13, 2022 | |
| D-PA | Dwight Evans | Jun 13, 2022 | |
| R-PA | Fred Keller | Jun 13, 2022 | |
| R-NC | Gregory F. Murphy | Jun 13, 2022 | |
| R-PA | Guy Reschenthaler | Jun 13, 2022 | |
| R-WA | Jaime Herrera Beutler | Jun 13, 2022 | |
| D-ME | Jared F. Golden | Jun 13, 2022 | |
| R-TX | Pat Fallon | Jun 13, 2022 | |
| R-TX | Pete Sessions | Jun 13, 2022 | |
| D-WI | Ron Kind | Jun 13, 2022 | |
| R-PA | Scott Perry | Jun 13, 2022 | |
| R-TN | Tim Burchett | Jun 13, 2022 | |
| R-CA | Young Kim | Jun 13, 2022 | |
| D-PA | Matt Cartwright | Jun 16, 2022 | |
| R-MS | Michael Guest | Jun 16, 2022 | |
| D-PA | Susan Wild | Jun 16, 2022 | |
| D-NH | Ann M. Kuster | Jun 21, 2022 | |
| D-VA | Gerald E. Connolly | Jun 21, 2022 | |
| R-MN | Michelle Fischbach | Jun 21, 2022 | |
| R-MN | Pete Stauber | Jun 21, 2022 | |
| R-WI | Bryan Steil | Jun 22, 2022 | |
| D-IL | Danny K. Davis | Jun 22, 2022 | |
| D-MN | Dean Phillips | Jun 22, 2022 | |
| R-PA | Glenn Thompson | Jun 22, 2022 | |
| R-PA | John Joyce | Jun 22, 2022 | |
| R-ID | Michael K. Simpson | Jun 22, 2022 | |
| D-AL | Terri A. Sewell | Jun 22, 2022 | |
| R-CO | Doug Lamborn | Jun 24, 2022 | |
| R-GA | Earl L. "Buddy" Carter | Jun 24, 2022 | |
| R-IA | Randy Feenstra | Jun 24, 2022 | |
| D-CA | Sara Jacobs | Jun 24, 2022 | |
| R-MI | Bill Huizenga | Jul 1, 2022 | |
| R-PA | Lloyd Smucker | Jul 1, 2022 | |
| D-NY | Carolyn B. Maloney | Jul 7, 2022 | |
| D-OH | Marcy Kaptur | Jul 7, 2022 | |
| D-NY | Paul Tonko | Jul 7, 2022 | |
| R-WI | Thomas P. Tiffany | Jul 7, 2022 | |
| D-MD | C. A. Dutch Ruppersberger | Jul 12, 2022 | |
| R-WI | Glenn Grothman | Jul 12, 2022 | |
| D-NJ | Donald Norcross | Jul 14, 2022 | |
| D-WA | Suzan K. DelBene | Jul 15, 2022 | |
| R-TX | Brian Babin | Jul 19, 2022 | |
| R-OH | Mike Carey | Jul 19, 2022 | |
| R-WA | Cathy McMorris Rodgers | Jul 20, 2022 | |
| D-CA | J. Luis Correa | Jul 20, 2022 | |
| R-UT | Blake D. Moore | Jul 26, 2022 | |
| D-TX | Eddie Bernice Johnson | Jul 26, 2022 | |
| D-MI | Debbie Dingell | Jul 27, 2022 | |
| D-CA | Jimmy Gomez | Aug 5, 2022 | |
| D-IL | Bill Foster | Aug 16, 2022 | |
| D-GA | David Scott | Aug 19, 2022 | |
| D-CA | Juan Vargas | Aug 23, 2022 | |
| D-CA | Pete Aguilar | Aug 23, 2022 | |
| R-GA | A. Drew Ferguson IV | Aug 30, 2022 | |
| D-CT | John B. Larson | Aug 30, 2022 | |
| R-TX | Troy E. Nehls | Sep 6, 2022 | |
| R-OH | Troy Balderson | Sep 9, 2022 | |
| R-OH | Bill Johnson | Sep 13, 2022 | |
| R-NE | Don Bacon | Sep 13, 2022 | |
| D-CT | Joe Courtney | Sep 13, 2022 | |
| R-TX | Lance Gooden | Sep 13, 2022 | |
| R-MN | Tom Emmer | Sep 13, 2022 | |
| D-NJ | Jefferson Van Drew | Sep 14, 2022 | |
| D-CA | Norma J. Torres | Sep 14, 2022 | |
| D-NY | Sean Patrick Maloney | Sep 14, 2022 | |
| R-NY | Andrew R. Garbarino | Sep 19, 2022 | |
| D-WI | Mark Pocan | Sep 20, 2022 | |
| R-CA | David G. Valadao | Sep 29, 2022 | |
| R-VA | H. Morgan Griffith | Sep 29, 2022 | |
| R-MS | Trent Kelly | Sep 30, 2022 | |
| D-CA | Adam B. Schiff | Oct 7, 2022 | |
| D-MA | Lori Trahan | Oct 7, 2022 | |
| R-WI | Mike Gallagher | Oct 7, 2022 | |
| D-NJ | Andy Kim | Oct 18, 2022 | |
| D-OH | Shontel M. Brown | Oct 18, 2022 | |
| D-TX | Marc A. Veasey | Oct 28, 2022 | |
| R-TX | Kay Granger | Oct 31, 2022 | |
| R-OH | Jim Jordan | Nov 7, 2022 | |
| D-CA | Judy Chu | Nov 7, 2022 | |
| R-OH | Robert E. Latta | Nov 7, 2022 | |
| R-WI | Scott Fitzgerald | Nov 10, 2022 | |
| R-OH | Bob Gibbs | Nov 14, 2022 | |
| R-FL | Maria Elvira Salazar | Nov 14, 2022 | |
| D-CA | Julia Brownley | Nov 15, 2022 | |
| R-CA | Michelle Steel | Nov 16, 2022 | |
| R-MI | John R. Moolenaar | Nov 17, 2022 | |
| R-OH | Warren Davidson | Nov 17, 2022 | |
| D-CA | Salud O. Carbajal | Dec 1, 2022 | |
| R-MN | Brad Finstad | Dec 2, 2022 | |
| D-MI | Haley M. Stevens | Dec 5, 2022 | |
| D-NY | Patrick Ryan | Dec 5, 2022 | |
| D-MD | David J. Trone | Dec 6, 2022 | |
| R-NY | Elise M. Stefanik | Dec 8, 2022 | |
| R-FL | Carlos A. Gimenez | Dec 13, 2022 | |
| R-MI | Fred Upton | Dec 13, 2022 | |
| R-VA | Robert J. Wittman | Dec 13, 2022 | |
| D-CA | Linda T. Sánchez | Dec 21, 2022 | |
| R-NE | Mike Flood | Dec 21, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 4, 2022 |
Actions 2
Everything that happened, newest first.
- Apr 4, 2022Introduced in House
- Apr 4, 2022Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 59, April 4, 2022, page H4153.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4105 | Supply Chain Disruptions Relief Act | Identical bill | Dec 23, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To treat certain liquidations of new motor vehicle inventory as qualified liquidations of LIFO inventory for purposes of the Internal Revenue Code of 1986.
- Short Title(s) as Introduced
- Supply Chain Disruptions Relief Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 4, 2022Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
