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United States · Bill · HR

H.R. 5367 (94th)

Corporate Facility and Job Relocation Act

referredUnited States· United States Congress· EN

Introduced

22 March 1975

Last action

22 March 1975 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Spellman, Gladys Noon [D-MD-5], Rep. Burke, Yvonne B. [D-CA-28], Rep. Wilson, Charles [D-TX-2], Rep. Conyers, John, Jr. [D-MI-13], Rep. Hawkins, Augustus F. [D-CA-29], Rep. Brown, George E., Jr. [D-CA-42], Rep. Brodhead, William [D-MI-17], Rep. Schroeder, Patricia [D-CO-1], Rep. Stokes, Louis [D-OH-11], Rep. Abzug, Bella S. [D-NY-20], Rep. Scheuer, James H. [D-NY-8]

Subjects

Taxation

Source updated

2 September 2025

Taxation

Summary

Corporate Facility and Job Relocation Act - Revises the Internal Revenue Code to make a taxpayer ineligible for the investment tax credit, for the issuance of tax exempt industrial development bonds, and for other provisions of the Code relating to the nonrecognition of gain on the disposition of corporate assets, or the use of the installment method for sales, where a change in the use of existing plant facilities will reduce the employment offered by the taxpayer in high unemployment areas.

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

Timeline

  1. 22 March 1975

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 22 March 1975

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  3. 22 March 1975

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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