A bill to clarify that State tax incentives for investment in new machinery and equipment are a reasonable regulation of commerce and not an undue burden on interstate commerce, and for other purposes.

Summary

Authorizes a State to provide to any entity a tax or fee credit or other tax incentive for investment in new machinery or equipment. Provides that any such action taken by a State shall be considered to be a reasonable regulation of commerce and shall not be considered to impose an undue burden on interstate commerce or to otherwise impair, restrain, or discriminate against interstate commerce.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 1 October 2004

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 1 October 2004

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 1 October 2004

  Open at official source

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