To amend the Internal Revenue Code of 1986 to encourage investments in manufacturing companies by providing special treatment for losses on such investments.

Summary

Amends the Internal Revenue Code to provide for the treatment of losses on stock in manufacturing companies as ordinary (as opposed to capital) losses.

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

Timeline

1. 20 June 1991

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 20 June 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 June 1991

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 June 1991

  Open at official source

Sponsors

• Rep. Ritter, Don [R-PA-15] · R · Sponsor
• Rep. Lewis, Thomas F. [R-FL-12] · R · Cosponsor
• Rep. Klug, Scott L. [R-WI-2] · R · Cosponsor
• · hswm00 · Standing

Related records

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