To amend the Internal Revenue Code of 1986 to restore the regular investment tax credit for domestically produced property.

Summary

Amends the Internal Revenue Code to repeal provisions which terminated the regular percentage used in determining the investment tax credit for general business property. Revises provisions concerning property that is completed abroad or is predominantly of foreign origin.

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

Timeline

1. 21 November 1989

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 21 November 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 November 1989

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 November 1989

  Open at official source

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Sponsors

• Rep. Taylor, Gene [D-MS-4] · D · Sponsor
• · hswm00 · Standing

Related records

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