A bill to amend the Internal Revenue Code of 1954 to provide that the investment tax credit may be claimed against the alternative minimum tax to the extent that it is attributable to the active conduct of a trade or business.

referredUnited States· United States Congress· EN

Introduced

1 July 1980

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to allow a current investment tax credit against the alternative minimum tax to the extent that the amount of such credit is attributable to the active conduct of a trade or business.

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

1 official file

Introduced in Senate
summary · EN · 1 July 1980
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/96th-congress/senate-bill/2916
Open data entity: https://api.congress.gov/v3/bill/96/s/2916