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United States · Bill · HR

H.R. 2172 (99th)

Space Investment Tax Equity Act of 1985

referredUnited States· United States Congress· EN

Introduced

23 April 1985

Last action

23 April 1985 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Downey, Thomas J. [D-NY-2], Sen. Nelson, Bill [D-FL], Rep. Murphy, Austin J. [D-PA-20], Rep. Heftel, Cecil [D-HI-1], Rep. Andrews, Michael [D-TX-25], Rep. Green, S. William [R-NY-15], Rep. Smith, Lawrence [D-FL-16], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Mrazek, Robert J. [D-NY-3], Rep. Chandler, Rod D. [R-WA-8], Rep. Martinez, Matthew G. [D-CA-31], Sen. Akaka, Daniel K. [D-HI], Rep. LaFalce, John J. [D-NY-29], Rep. Walker, Robert S. [R-PA-16], Rep. Fuqua, Don [D-FL-2], Rep. Lujan, Manuel, Jr. [R-NM-1], Rep. Lloyd, Marilyn [D-TN-3], Rep. Young, Robert A. [D-MO-2], Rep. Hall, Ralph M. [R-TX-4], Rep. Henry, Paul B. [R-MI-5]

Subjects

Taxation

Source updated

29 August 2025

Taxation

Official sourceView documentsShare

Summary

Space Investment Tax Equity Act of 1985 - Amends the Internal Revenue Code to allow an investment tax credit for property used in space if such property is a spacecraft, or is used on a spacecraft, which is substantially controlled from one or more facilities located in the United States. Treats property used in space as depreciable property if such property would be depreciable if used on earth. Treats certain income derived from activities conducted in space as United States source income.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 23 April 1985

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 23 April 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 23 April 1985

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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