United States · Bill · S
S. 1079 (96th)
A bill to amend the Internal Revenue Code of 1954 to permit farmers and small businesses to obtain the investment credit for used section 38 property acquired from a related party.
Introduced
7 May 1979
Last action
7 May 1979 · Introduced
Status
Referred to Senate Committee on Finance.
Sponsors
Sen. Pressler, Larry [R-SD], Sen. Young, Milton R. [R-ND], Sen. Schmitt, Harrison H. [R-NM]
Subjects
Taxation
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to permit farmers and small businesses to obtain the investment tax credit for certain types of business property acquired from a related party.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 May 1979
Introduced
Referred to Senate Committee on Finance.
Source: IntroReferral
7 May 1979
Introduced
Introduced in Senate
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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Introduced in Senate
summary · EN · 7 May 1979
Sponsors
- Sen. Pressler, Larry [R-SD] · R · Sponsor
- Sen. Young, Milton R. [R-ND] · R · Cosponsor
- Sen. Schmitt, Harrison H. [R-NM] · R · Cosponsor
- · ssfi00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/1079
- Open data entity: https://api.congress.gov/v3/bill/96/s/1079
- us · 96-s-1079 · source updated 3 January 2025