A bill to amend the Internal Revenue Code to provide an investment tax credit for property used in certain livestock packing operations, and to establish the amount of such credit.

referredUnited States· United States Congress· EN

Introduced

19 March 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Allows an investment tax credit, under the Internal Revenue Code, of 15 percent of the qualified investment in livestock packing operations, when 65 percent of the livestock processed and packaged by such operation is grown within the State where the operation is located.

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Documents

1 official file

Introduced in House
summary · EN · 19 March 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/5160
Open data entity: https://api.congress.gov/v3/bill/94/hr/5160