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HR 7382 117th Congress House Taxation Accounting and auditing Administrative law and regulatory procedures Department of the Treasury Income tax deferral Motor vehicles Tax administration and collection, taxpayers

Supply Chain Disruptions Relief Act

Introduced: May 27, 2022 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2022
Referred to the House Committee on Ways and Means.
Apr 4, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now April 4, 2022

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 4105 Identical bill Supply Chain Disruptions Relief Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 162
All 162 Democratic 54 Republican 70
R
Flood, Mike
Nebraska · Dec 21, 2022
 D
Sánchez, Linda T.
California · Dec 21, 2022
 R
Gimenez, Carlos A.
Florida · Dec 13, 2022
UPTON, FRED
· Dec 13, 2022
 R
Wittman, Robert J.
Virginia · Dec 13, 2022
 R
Stefanik, Elise M.
New York · Dec 8, 2022
 D
Ryan, Patrick
New York · Dec 5, 2022
 D
Stevens, Haley M.
Michigan · Dec 5, 2022
 R
Finstad, Brad
Minnesota · Dec 2, 2022
 D
Carbajal, Salud O.
California · Dec 1, 2022
 R
Davidson, Warren
Ohio · Nov 17, 2022
 R
Moolenaar, John R.
Michigan · Nov 17, 2022
Steel, Michelle
· Nov 16, 2022
 D
Brownley, Julia
California · Nov 15, 2022
Gibbs, Bob
· Nov 14, 2022
 R
Salazar, Maria Elvira
Florida · Nov 14, 2022
 R
Fitzgerald, Scott
Wisconsin · Nov 10, 2022
 D
Chu, Judy
California · Nov 7, 2022
 R
Jordan, Jim
Ohio · Nov 7, 2022
 R
Latta, Robert E.
Ohio · Nov 7, 2022
Granger, Kay
· Oct 31, 2022
 D
Veasey, Marc A.
Texas · Oct 28, 2022
 D
Brown, Shontel M.
Ohio · Oct 18, 2022
 D
Kim, Andy
New Jersey · Oct 18, 2022
Gallagher, Mike
· Oct 7, 2022
 D
Schiff, Adam B.
California · Oct 7, 2022
 D
Trahan, Lori
Massachusetts · Oct 7, 2022
 R
Kelly, Trent
Mississippi · Sep 30, 2022
 R
Griffith, H. Morgan
Virginia · Sep 29, 2022
 R
Valadao, David G.
California · Sep 29, 2022
 D
Pocan, Mark
Wisconsin · Sep 20, 2022
 R
Garbarino, Andrew R.
New York · Sep 19, 2022
Maloney, Sean
· Sep 14, 2022
 D
Torres, Norma J.
California · Sep 14, 2022
 R
Van Drew, Jefferson
New Jersey · Sep 14, 2022
 R
Bacon, Don
Nebraska · Sep 13, 2022
 D
Courtney, Joe
Connecticut · Sep 13, 2022
 R
Emmer, Tom
Minnesota · Sep 13, 2022
 R
Gooden, Lance
Texas · Sep 13, 2022
Johnson, Bill
· Sep 13, 2022
 R
Balderson, Troy
Ohio · Sep 9, 2022
 R
Nehls, Troy E.
Texas · Sep 6, 2022
Ferguson, A.
· Aug 30, 2022
 D
Larson, John B.
Connecticut · Aug 30, 2022
 D
Aguilar, Pete
California · Aug 23, 2022
 D
Vargas, Juan
California · Aug 23, 2022
 D
Foster, Bill
Illinois · Aug 16, 2022
 D
Gomez, Jimmy
California · Aug 5, 2022
 D
Dingell, Debbie
Michigan · Jul 27, 2022
JOHNSON, EDDIE
· Jul 26, 2022
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7382: Supply Chain Disruptions Relief Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7382/
MLA
"H.R. 7382: Supply Chain Disruptions Relief Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7382/.
Bluebook (legal)
H.R. 7382, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7382/.
Markdown link
[H.R. 7382: Supply Chain Disruptions Relief Act](https://openamerica.io/bill/117-HR-7382/)
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