PoliticalRepoPoliticalRepo

United States · Bill · S

S. 2969 (97th)

Fair Trade Tax Act

openUnited States· United States Congress· EN

Introduced

29 September 1982

Last action

—

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

—

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Fair Trade Tax Act - Amends the Internal Revenue Code to revise requirements for the application of the investment tax credit to property completed abroad or predominantly of foreign origin. Restricts the criteria under which the President may exempt certain foreign articles from restrictions on the use of such credit. Limits the application of the accelerated cost recovery system to domestic property. Excepts articles necessary for national security or articles only manufactured or produced outside the United States from such restriction. Allows the President to exempt articles from such restrictions for specified purposes.

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

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.