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.

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

1. 16 February 1993

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 16 February 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 16 February 1993

   Introduced

   Sponsor introductory remarks on measure. (CR S1600-1601)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 16 February 1993 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 16 February 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 16 February 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 16 February 1993

  Open at official source

Sponsors

• Sen. Heflin, Howell [D-AL] · D · Sponsor
• · ssfi00 · Standing

Related records

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