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United States · Bill · S

S. 1526 (106th)

A bill to amend the Internal Revenue Code of 1986 to provide a tax credit to taxpayers investing in entities seeking to provide capital to create new markets in low-income communities.

referredUnited States· United States Congress· EN

Introduced

5 August 1999

Last action

5 August 1999 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Rockefeller, John D., IV [D-WV], Sen. Robb, Charles S. [D-VA], Sen. Sarbanes, Paul S. [D-MD], Sen. Kerry, John F. [D-MA], Sen. Kennedy, Edward M. [D-MA], Sen. Daschle, Thomas A. [D-SD], Sen. Byrd, Robert C. [D-WV], Sen. Wellstone, Paul D. [D-MN], Sen. Johnson, Tim [D-SD], Sen. Bingaman, Jeff [D-NM], Sen. Lincoln, Blanche L. [D-AR], Sen. Dodd, Christopher J. [D-CT], Sen. Durbin, Richard J. [D-IL], Sen. Cleland, Max [D-GA]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Amends the Internal Revenue Code to allow a limited credit to a taxpayer making a qualified low-income community investment (as defined).

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

Timeline

  1. 5 August 1999

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 5 August 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S10426-10427)

    Source: IntroReferral

  3. 5 August 1999

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 5 August 1999

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 5 August 1999

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 5 August 1999

    Open at official source

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Sponsors

Related records

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Sources

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