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United States · Bill · HR

H.R. 5104 (102nd)

To amend the Internal Revenue Code of 1986 to allow a credit against income tax to defense contractors for expenses of retraining their employees.

referredUnited States· United States Congress· EN

Introduced

7 May 1992

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to allow certain defense contractors a credit for expenses of retraining of employees. Expresses the sense of the Congress that any reduction in revenues by reason of such credit be offset by a reduction in defense spending.

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Versions

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Documents

2 official files

Introduced in House (text)

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Sources

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