United States · Bill · HR
H.R. 11739 (95th)
Targeted Tax Relief Act
Introduced
22 March 1978
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Targeted Tax Relief Act - Amends the Internal Revenue Code to allow manufacturers planning property eligible for the investment tax credit in designated "labor surplus" areas to take double investment tax credits and depreciation deduction for the property. Doubles the allowable deduction for real property taxes on realty used in connection with this property.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 22 March 1978
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/11739
- Open data entity: https://api.congress.gov/v3/bill/95/hr/11739