Fair Accounting for Condominium Construction Act

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 2 Sponsors

Introduced in Senate May 8, 2025 · 420 words Open full page ↗

119TH CONGRESS

1ST SESSION

S. 1687

To amend the Internal Revenue Code of 1986 to provide an exception to

percentage of completion method of accounting for certain residential

construction contracts.

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PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Introduced — base rate 2%, measured from US's completed sessions
Momentum -8 15/100 from the pace of recorded action
Time since last action -22 526 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.