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United States · Bill · HR

H.R. 1175 (93rd)

A bill to amend the Internal Revenue Code of 1954 to provide for the continuation of the investment tax credit for small businesses.

referredUnited States· United States Congress· EN

Introduced

3 January 1973

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Provides for an investment tax credit for small business for property constructed or acquired after December 31, 1969. Limits such a credit to $15,000 and provides for the application of this limitation to married individuals, affiliated groups and partnerships. (Amends 26 U.S.C. 49)

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Documents

1 official file

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