Space Business Incentives Act of 1995

Summary

Space Business Incentives Act of 1995 - Amends the Internal Revenue Code to allow a deduction for an amount equal to the aggregate amount paid during the taxable year for the purchase of qualified Commercial Space Stock. Excludes gain on the sale or exchange of qualified space corporation stock held for more than five years, with limitations. Provides for the treatment of space launch and launch support facility bonds as exempt facility bonds. Excludes from gross income: (1) income from the commercial sale of any product manufactured in space and returned to Earth; and (2) income from any services performed in space in a commercial space activity. Exempts a product which was manufactured in space and which was launched from and returned to Earth or manufactured at a facility in outer space from all Federal excises, imposts, and duties and any other Federal tariffs. Directs the President to encourage State and local governments to offer tax and other incentives to encourage commercial space activities.

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Timeline

1. 28 June 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 28 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 June 1995 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 June 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 June 1995

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 28 June 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Walker, Robert S. [R-PA-16] · R · Sponsor
• Rep. Zimmer, Dick [R-NJ-12] · R · Sponsor
• Rep. English, Phil [R-PA-3] · R · Sponsor
• Rep. Rohrabacher, Dana [R-CA-48] · R · Sponsor
• Rep. Seastrand, Andrea H. [R-CA-22] · R · Sponsor
• Rep. Weldon, Dave [R-FL-15] · R · Sponsor
• Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Sponsor
• Rep. Bateman, Herbert H. [R-VA-1] · R · Cosponsor
• · hswm00 · Standing

Related records

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