A bill to amend the Internal Revenue Code of 1986 to restore the regular investment tax credit for property placed in service during a specified period, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

26 November 1991

Last action

—

Status

Read twice and referred to the Committee on Finance.

Summary

Amends the Internal Revenue Code to reinstate the ten-percent investment tax credit with respect to property placed in service during 1992, 1993, or 1994, and make the at-risk rules inapplicable to such property. Requires the computation of the rehabilitation credit, energy credit, and reforestation credit as in effect on the day before enactment of this Act. Makes the investment tax credit applicable to certain projects entered into after December 31, 1994.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

2 official files

Introduced in Senate (text)

View file Download file

Introduced in Senate (text)
Introduced in Senate · EN
View Download Open at official source
Introduced in Senate
summary · EN · 26 November 1991
Open at official source

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/102nd-congress/senate-bill/2051
Open data entity: https://api.congress.gov/v3/bill/102/s/2051