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HR 4280 118th Congress House Taxation

Fair Accounting for Condominium Construction Act

Introduced: June 22, 2023 Introduced by: Buchanan, Vern Republican · Florida See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Jun 22, 2023
Referred to the House Committee on Ways and Means.
Jun 22, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Fair Accounting for Condominium Construction Act

This bill exempts certain residential construction contracts from the requirement to use the percentage of completion method of accounting. The percentage of completion method is a tax accounting method in which the revenues and expenses of long-term contracts are recognized as a percentage of the work completed in a particular period.

What's happening now June 22, 2023

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 8

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 4280: Fair Accounting for Condominium Construction Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4280/
MLA
"H.R. 4280: Fair Accounting for Condominium Construction Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4280/.
Bluebook (legal)
H.R. 4280, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4280/.
Markdown link
[H.R. 4280: Fair Accounting for Condominium Construction Act](https://openamerica.io/bill/118-HR-4280/)
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