Skip to content
PoliticalRepoPoliticalRepo

Subjects · United States

Taxation

Records whose title is actually about this topic. Use a country filter if the list is still too broad.

51 records in US in 1990

All countriesUnited States · 53,051European Union · 5,204Ireland · 4,382Austria · 4,153United Kingdom · 3,280France · 2,309Germany · 1,779Netherlands · 865Belgium · 1Search this topic

Records

Bill· HRH.R. 5969 (101st)referred

To amend the Internal Revenue Code of 1986 to limit the interest deduction of foreign corporations that hold interests of less than ten percent in partnerships engaged in business in the United States.

United States · United States Congress · 27 October 1990

Amends the Internal Revenue Code to require that a foreign corporation be treated as owning (or as having incurred) a pro rata share of the assets and liabilities of a partnership in which it is a partner for purposes of allocating interest deductions (thus barring such deductions on the basis of gross income).

Law· HJRESH.J.Res. 687 (101st)enacted

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 27 October 1990

Makes continuing appropriations for FY 1991 appropriations, funds, or other authority as provided for in the following Acts: (1) the Department of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1991; (2) the District of Columbia Appropriations Act, 1991; (3) the Department of Defense Appropriations Act, 1991; (4) the Energy and Water Development Appropriations Act, 1991; (5) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991; (6) the Department of the Interior and Related Agencies Appropriations Act, 1991; (7) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1991; (8) the Legislative Branch Appropriations Act, 1991; (9) the Military Construction Appropriations Act, 1991; (10) the Rural Development, Agriculture, and Related Agencies Appropriations Act, 1991; (11) the Department of Transportation and Related Agencies Appropriations Act, 1991; (12) the Treasury, Postal Service, and General Government Appropriations Act, 1991; and (13) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991. Sets forth limitations on the use of such funds. Suspends any order on sequestration for FY 1991 issued pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) until November 5, 1990. Extends the temporary increase in the public debt through November 5, 1990.

Resolution· HRESH.Res. 541 (101st)passed

Waiving certain points of order against consideration of the Conference Report on the bill (H.R. 5114) making appropriations for foreign operations, export financing, and related programs for the fiscal year ending September 30, 1991, and for other purposes, and against its consideration.

United States · United States Congress · 27 October 1990

Waives points of order against the consideration of the conference report on H.R. 5114 (foreign operations funding).

Resolution· HRESH.Res. 542 (101st)passed

Waiving certain points of order against consideration of the Conference Report on the bill (H.R. 5769) making appropriations for the Department of the Interior and related agencies for the fiscal year ending September 30, 1991, and for other purposes, and against its consideration.

United States · United States Congress · 27 October 1990

Waives points of order against the consideration of the conference report on H.R. 5769 (Department of the Interior and related agencies appropriations).

Bill· SS. 3253 (101st)referred

A bill to provide for the establishment of industrial recapitalization funds by industries which were injured by unfair import competition, and for other purposes.

United States · United States Congress · 26 October 1990

Amends the Internal Revenue Code to allow a corporation to establish an industrial recapitalization fund if such corporation has been injured by subsidized sales of imported merchandise or forced sales of less than fair value. Requires such corporation to enter into an agreement with the Secretary of Commerce to use such fund to acquire new, or to modernize, plant and equipment in the United States for an essential industry. Allows non-taxable deposits to be made to such fund during the five years after entering into an agreement. Makes certain gains, earnings, and profits non-taxable if related to the fund. Allows qualified withdrawals for the 12 years after formation of the fund and provides for the tax treatment of such fund after the close of the tenth year. Amends the Tariff Act of 1930 to set forth reporting requirements for the Secretary of Commerce concerning the collection of antidumping and countervailing duties. Requires the appropriate Customs Service officer to reliquidate any entry necessary to correct the failure to assess and collect an antidumping or countervailing duty.

Bill· SS. 3260 (101st)referred

Small Employer Health Benefit Reform Act of 1990

United States · United States Congress · 26 October 1990

Small Employer Health Benefit Reform Act of 1990 - Amends the Internal Revenue Code to impose an excise tax on insurance companies which do not meet requirements concerning coverage, rating, or disclosure and recordkeeping with respect to accident and health insurance provided to small employers.

Bill· SS. 3256 (101st)referred

Wetlands and Green Space Preservation Assistance Act of 1990

United States · United States Congress · 26 October 1990

Wetlands and Green Space Preservation Assistance Act of 1990 - Amends the Internal Revenue Code to provide for determining the environmental use value of sensitive environmental areas for estate tax purposes. Requires the estate to grant an environmental preservation easement for a period of ten years after the death of the decedent. Imposes an additional estate tax if an heir fails to maintain the easement.

Bill· HRH.R. 5942 (101st)referred

To provide for the establishment of industrial recapitalization funds by industries which were injured by unfair import competition, and for other purposes.

United States · United States Congress · 26 October 1990

Amends the Internal Revenue Code to allow a corporation to establish an industrial recapitalization fund if such corporation has been injured by subsidized sales of imported merchandise or forced sales of less than fair value. Requires such corporation to enter into an agreement with the Secretary of Commerce to use such fund to acquire new, or to modernize, plant and equipment in the United States for an essential industry. Allows non-taxable deposits to be made to such fund during the five years after entering into an agreement. Makes certain gains, earnings, and profits non-taxable if related to the fund. Allows qualified withdrawals for the 12 years after formation of the fund and provide for the tax treatment of such fund after the close of the tenth year. Amends the Tariff Act of 1930 to set forth reporting requirements for the Secretary of Commerce concerning the collection of antidumping and countervailing duties. Requires the appropriate Customs Service officer to reliquidate any entry necessary to correct the failure to assess and collect an antidumping or countervailing duty.

Bill· HRH.R. 5951 (101st)referred

To provide that a period of service on active duty by a member of a reserve component of the Armed Forces shall not be considered as a break in service for purposes of determining eligibility to participate in a group health plan.

United States · United States Congress · 26 October 1990

Provides that no deduction shall be allowed under the Internal Revenue Code for expenses paid or incurred by an employer for any group health plan if the service on active duty of an eligible Reserve member is considered a break in service for purposes of determining the eligibility of such member, and his or her dependents, to participate in any such plan. Defines "eligible Reserve member" as a member of a reserve component of the armed forces who: (1) after August 2, 1990, is called or ordered to active duty for a period of more than 30 days; (2) is an employee of an employer on the date of such call or order; and (3) resumes employment with such employer within 60 days after being released from active duty.

Resolution· HRESH.Res. 536 (101st)passed

Waiving certain points of order against consideration of the conference report on the bill (H.R. 5311) making appropriations for the government of the District of Columbia and other activities chargeable in whole or in part against the revenues of said District for the fiscal year ending September 30, 1991, and for other purposes, and against its consideration.

United States · United States Congress · 26 October 1990

Waives points of order against the consideration of the conference report on H.R. 5311 (appropriations for the District of Columbia).

Resolution· SCONRESS.Con.Res. 156 (101st)open

A concurrent resolution making corrections in the enrollment of s. 2834, to authorize appropriations for fiscal year 1991 for intelligence and intelligence-related activities for the United States Government, for the Intelligence Community Staff, for the Central Intelligence Agency Retirement and Disability System, and for other purposes.

United States · United States Congress · 25 October 1990

Makes technical corrections in the enrollment of S. 2834 (Intelligence Authorization Act for FY 1991).

Bill· HRH.R. 5925 (101st)referred

To amend the Internal Revenue Code of 1986 to provide an employer a credit against income tax for the cost of providing mammography screening for his employees.

United States · United States Congress · 25 October 1990

Amends the Internal Revenue Code to allow an employer a tax credit for 20 percent of qualified mammography screening costs. Requires the Secretary of Health and Human Services to establish standards to assure the safety and accuracy of such mammography screening.

Bill· HRH.R. 5921 (101st)referred

Jobs, Growth, and Competitiveness Act of 1990

United States · United States Congress · 25 October 1990

Jobs, Growth, and Competitiveness Act of 1990 - Amends the Internal Revenue Code to reinstate the ten-percent investment tax credit for property used as an integral part of manufacturing, production, or extraction or of furnishing transportation, communications, electrical energy, gas, water, waste disposal, or pollution control services. Allows such tax credit to offset 100 percent of certain corporation's minimum tax.

Bill· HRH.R. 5923 (101st)referred

Taxpayer Regulatory Relief Act of 1990

United States · United States Congress · 25 October 1990

Taxpayer Regulatory Relief Act of 1990 - Amends the Internal Revenue Code to repeal the authority of the Secretary of the Treasury to prescribe the extent to which rules and regulations may be applied without retroactive effect (or with it). Requires all final, temporary, or proposed regulations and rulings issued by the Secretary to apply prospectively from the date of publication in the Federal Register, unless the Congress supersedes such treatment.

Bill· HRH.R. 5914 (101st)referred

To establish a task force to study and evaluate the taxation of real property by State and local governments, the effects of such taxation on certain taxpayers, and the feasibility of other policies designed to reduce the dependence of State and local governments on such taxation.

United States · United States Congress · 24 October 1990

Establishes a Task Force on the Taxation of Real Property by State and Local Governments to study and evaluate: (1) the taxation of real property by State and local governments; (2) the effects of such taxation on middle income and fixed income taxpayers; and (3) the feasibility of other policies designed to reduce the dependence of State and local governments on such taxation. Requires the Task Force to submit a final report to the President and terminate the Task Force 90 days after such submission.

Bill· HRH.R. 5912 (101st)referred

Windfall Oil Profits Tax Act of 1990

United States · United States Congress · 24 October 1990

Windfall Oil Profits Tax Act of 1990 - Amends the Internal Revenue Code to reinstate the windfall profit tax on domestic crude oil. Revises the inflation adjustment and declares the base price to be the average price per barrel of taxable crude oil during the four-month period ending on July 31, 1990, as determined by the Secretary of the Treasury. Repeals the phaseout of the tax, thus making the tax permanent law. Limits the category of newly discovered oil to oil from newly drilled wells in previously unproven oil or gas property. Establishes the Alternative Energy Technology and Energy Conservation Trust Fund to carry out programs to develop: (1) alternative energy sources and technologies that do not adversely affect the environment; and (2) methods of energy conservation that are cost-effective for the general public to employ. Appropriates a percentage of the windfall profit tax to such Fund.

Law· HJRESH.J.Res. 681 (101st)enacted

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 24 October 1990

Makes continuing appropriations for FY 1991 projects or activities as provided for in the following Acts: (1) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1991; (2) the District of Columbia Appropriations Act, 1991; (3) the Energy and Water Development Appropriations Act, 1991; (4) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991; (5) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1991; (6) the Military Construction Appropriations Act, 1991; (7) the Rural Development, Agriculture, and Related Agencies Appropriations Act, 1991; (8) the Department of Transportation and Related Agencies Appropriations Act, 1991; (9) the Treasury, Postal Service, and General Government Appropriations Act, 1991; and (10) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991. Sets forth limitations on the use of such funds. Suspends any order on sequestration for FY 1991 issued pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) until October 27, 1990. Extends the temporary increase in the public debt through October 27, 1990.

Bill· HRH.R. 5904 (101st)referred

To amend the Internal Revenue Code of 1986 to provide tax relief to utilities installing acid rain reduction equipment.

United States · United States Congress · 23 October 1990

Amends the Internal Revenue Code to allow a tax credit for a three-year credit period for a percentage of the investment in acid rain control property installed to comply with sulfur dioxide emission limitations under the Clean Air Act. Allows the use of tax-exempt facility bonds to finance acid rain control property. Allows a business credit for a percentage of the expenditures paid or incurred for coal cleaning minerals used to remove or reduce the sulfur content of coal. Excludes from gross income the value of clean air allowances allocated to the taxpayer under the Clean Air Act. Allows a 60-month amortization of acid rain control property.

Bill· HRH.R. 5906 (101st)referred

Economic Growth and Venture Capital Act of 1990

United States · United States Congress · 23 October 1990

Economic Growth and Venture Capital Act of 1990 - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers.

Resolution· HRESH.Res. 521 (101st)passed

Waiving certain points of order against consideration of the conference report on the bill (H.R. 4739) to authorize appropriations for fiscal year 1991 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, and for other purposes, and against its consideration.

United States · United States Congress · 23 October 1990

Waives points of order against the consideration of the conference report on H.R. 4739 (armed forces funding).

Resolution· HRESH.Res. 523 (101st)passed

Waiving certain points of order against consideration of the conference report on the bill (S. 2834) to authorize appropriations for fiscal year 1991 for intelligence and intelligence-related activities of the United States Government, for the Intelligence Community Staff, for the Central Intelligence Agency Retirement and Disability System, and for other purposes, and against its consideration.

United States · United States Congress · 23 October 1990

Waives points of order against the consideration of the conference report on S. 2834 (intelligence and intelligence-related activities funding).

Bill· HJRESH.J.Res. 678 (101st)referred

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 22 October 1990

Makes continuing appropriations for FY 1991 programs, projects, or activities as provided for in the following Acts: (1) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1991; (2) the District of Columbia Appropriations Act, 1990; (3) the Department of Defense Appropriations Act, 1991; (4) the Energy and Water Development Appropriations Act, 1991; (5) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991; (6) the Department of the Interior and Related Agencies Appropriations Act, 1991; (7) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1991; (8) the Legislative Branch Appropriations Act, 1991; (9) the Military Construction Appropriations Act, 1991; (10) the Rural Development, Agriculture, and Related Agencies Appropriations Act, 1991; (11) the Department of Transportation and Related Agencies Appropriations Act 1991; (12) the Treasury, Postal Services, and General Government Appropriations Act, 1991; and (13) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991. Sets forth limitations on the use of such funds. Suspends any order on sequestration for FY 1991 issued pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) until February 15, 1991, or the enactment of the applicable appropriations Act, if sooner.

Resolution· HRESH.Res. 519 (101st)passed

Waiving certain points of order against motions to dispose of amendments reported in disagreement from the conference on the bill (H.R. 5021) making appropriations for the Departments of Commerce, Justice, and State, the Judiciary and related agencies for the fiscal year ending September 30, 1991, and for other purposes.

United States · United States Congress · 22 October 1990

Waives points of order against motions to dispose of certain Senate amendments printed in the joint statement of the managers on the conference report on H.R. 5021 (Departments of Commerce, Justice, and State, the Judiciary, and related agencies appropriations).

Bill· HRH.R. 5884 (101st)referred

To amend the Internal Revenue Code of 1986 to allow small commercial finance companies to use the reserve method in accounting for bad debts.

United States · United States Congress · 20 October 1990

Amends the Internal Revenue Code to allow certain commercial finance companies, in lieu of a deduction for wholly worthless debts, a deduction for a reasonable addition to a reserve for bad debts. Makes a company eligible for such deduction if: (1) the average adjusted basis of all its assets is $500,000,000 or less; or (2) such company was a member of a parent-subsidiary controlled group and the average adjusted basis of all assets of such groups was $50,000,000 or less.

Bill· HRH.R. 5865 (101st)referred

To amend the Ethics Reform Act of 1989 to delay the 25 percent pay increase for Members of Congress and other officials until the Gramm-Rudman-Hollings deficit reduction target for Fiscal Year 1992 is met.

United States · United States Congress · 18 October 1990

Amends the Ethics Reform Act of 1989 to delay the 25 percent pay increase for Members of the House of Representatives and other Federal officials until the reduction target for FY 1992 under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) is met.

Law· HJRESH.J.Res. 677 (101st)enacted

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 18 October 1990

Makes continuing appropriations for FY 1991 projects or activities as provided for in the following Acts: (1) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1991; (2) the District of Columbia Appropriations Act, 1991; (3) the Energy and Water Development Appropriations Act, 1991; (4) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991, notwithstanding certain sections of specified law; (5) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1991; (6) the Military Construction Appropriations Act, 1991; (7) the Rural Development, Agriculture, and Related Agencies Appropriations Act, 1991; (8) the Department of Transportation and Related Agencies Appropriations Act, 1991; (9) the Treasury, Postal Service, and General Government Appropriations Act, 1991; and (10) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991. Sets forth limitations on the use of such funds. Suspends any order on sequestration for FY 1991 issued pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) until October 24, 1990. Extends the temporary increase in the public debt through October 24, 1990.

Bill· HRH.R. 5843 (101st)referred

To impose an excess profits tax on the income of corporations engaged in the production of petroleum and petroleum products for a limited period.

United States · United States Congress · 17 October 1990

Amends the Internal Revenue Code to impose on the income of every corporation engaged in the production of petroleum and petroleum products for each taxable year which begins or ends during the emergency period a tax of 40 percent of the excess profits taxable income for such taxable year. Describes the emergency period as the three-year period beginning on the date of the enactment of this Act. Sets forth the method of determining taxable income of a corporation during the emergency period. Allows an excess profits deduction of either 100 percent of the average base period taxable income or a percentage of invested capital, whichever is greater. Revises the energy plowback deduction for purposes of this Act to include the costs of: (1) intangible drilling and development; (2) construction, reconstruction, erection, or acquisition of specified petroleum-related items; or (3) secondary or tertiary recovery of oil or gas.

Bill· HJRESH.J.Res. 672 (101st)referred

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 17 October 1990

Amends Public Law 101-412 (continuing appropriations for FY 1991) to extend the effective date of the presidential sequestration order pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the temporary increase in the public debt from October 19, 1990, until October 23, 1990.

Bill· HRH.R. 5838 (101st)referred

Seed Capital Formation Act of 1990

United States · United States Congress · 16 October 1990

Seed Capital Formation Act of 1990 - Amends the Internal Revenue Code to allow a tax deduction for capital gains on small business stock held at least five years. Sets forth the formula for determining the applicable percentage of such gain from 25 percent for five years, up to 100 percent for such stock held for ten years. Establishes a maximum capital gains rate for individuals and corporations with small business stock gain. Revises the definition of a small business corporation. Provides for the treatment of a corporation as a small business corporation if its stock does not exceed $5,000,000 (currently $1,000,000). Adjusts such amount for inflation.

Bill· HJRESH.J.Res. 670 (101st)referred

Making further continuing appropriations for the fiscal year 1991, and for other purposes.

United States · United States Congress · 16 October 1990

Makes continuing appropriations for FY 1991 projects or activities as provided for in the following Acts: (1) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1991; (2) the District of Columbia Appropriations Act, 1991; (3) the Department of Defense Appropriations Act, 1991; (4) the Energy and Water Development Appropriations Act, 1991; (5) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991; (6) the Department of the Interior and Related Agencies Appropriations Act, 1991; (7) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1991; (8) the Legislative Branch Appropriations Act, 1991; (9) the Military Construction Appropriations Act, 1991; (10) the Rural Development, Agriculture, and Related Agencies Appropriations Act, 1991; (11) the Department of Transportation and Related Agencies Appropriations Act, 1991; (12) the Treasury, Postal Service, and General Government Appropriations Act, 1991; and (13) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991. Sets forth limitations on the use of such funds. Suspends any order on sequestration for FY 1991 issued pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) October 27, 1990. Extends the temporary increase in the public debt through October 27, 1990.

Bill· HRH.R. 5826 (101st)open

Small Business Tax Incentive Act of 1990

United States · United States Congress · 13 October 1990

Small Business Tax Incentive Act of 1990 - Title I: Treatment of Costs of Providing Nondiscriminatory Public Accommodations - Amends the Internal Revenue Code to allow a tax credit for small businesses for the expense of providing public accommodations access to the disabled. Makes such tax credit a part of the general business credit for eligible small businesses. Reduces the tax deduction for expenditures to remove architectural and transportation barriers to the handicapped and elderly. Title II: Other Provisions - Revises provisions regarding the review of the impact of tax regulations on small businesses with respect to procedures in promulgating final regulations. Requires the booklets of instructions for individual income tax returns to include: (1) a pie-shaped graph showing the relative sizes of the major outlay categories; and (2) a pie-shaped graph showing the relative sizes of the major income categories.

Bill· HRH.R. 5822 (101st)open

Technical and Miscellaneous Revenue Act of 1990

United States · United States Congress · 12 October 1990

Technical and Miscellaneous Revenue Act of 1990 - Title I: Tax Technical Corrections - Amends the Revenue Reconciliation Act of 1989, the Technical and Miscellaneous Revenue Act of 1988, and the Internal Revenue Code to make technical corrections to various provisions. Title II: Repeal of Expired or Obsolete Provisions - Subtitle A: Repeal of Expired or Obsolete Provisions - Amends the Internal Revenue Code to provide for the repeal or modification of expired or obsolete provisions. Subtitle B: Provisions Relating to Studies - Extends the date for filing reports on certain studies and repeals requirements for certain other studies. Modifies the study of Americans working abroad under the Foreign Earned Income Act of 1978 to require the Secretary of the Treasury to report as soon as practicable after December 31, 1993, and as soon as practicable after the close of each fifth calendar year thereafter (currently, every fourth calendar year). Increases from $200,000 to $1,000,000 the tax refund amount which must be reported to the Joint Committee on Taxation. Title III: Customs and Tariff Provisions - Amends the Harmonized Tariff Schedule of the United States to make specified redesignations to the Schedule's subheadings. Provides for duty treatment of gloves, mittens, and mitts principally designed for use in sports. Changes wheel size specifications with respect to 26-inch bicycles. Grants duty-free treatment, through December 31, 1992, of certain fiberglass tire cord fabric. Sets forth technical amendments.

Bill· HRH.R. 5818 (101st)referred

To eliminate the retroactive effect on Federal retirement benefits of the repeal of the 3-year basis recovery rule by the Tax Reform Act of 1986.

United States · United States Congress · 11 October 1990

Provides that in the case of Federal annuities, the repeal of the three-year basis recovery rule by the Tax Reform Act of 1986 shall apply only in cases where the starting date is after the date of the enactment of such Act. Allows six months after the date of enactment of this Act for claims for refund or credit of any overpayment of tax which would otherwise be barred by Federal law or regulation.

Page 1 of 2Next