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United States · Bill · S

S. 686 (102nd)

Rural Business Revitalization Act of 1991

referredUnited States· United States Congress· EN

Introduced

19 March 1991

Last action

19 March 1991 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Baucus, Max [D-MT], Sen. Craig, Larry E. [R-ID]

Subjects

Taxation

Source updated

26 August 2025

Taxation

Summary

Rural Business Revitalization Act of 1991 - Title I: Designation of Rural Enterprise Zones - Amends the Internal Revenue Code to authorize the Secretary of the Treasury to designate rural enterprise zones for purposes of providing tax and regulatory relief and improving local services. Requires the Secretary to report to the Congress on an evaluation of this Act every three years. Title II: Federal Income Tax Incentives - Allows a general business credit for rural enterprise zone employment and allows an investment tax credit for rural enterprise zone property. Increases the research tax credit for research conducted in rural enterprise zones. Defers the payment of capital gains tax on a capital gain which is reinvested in rural enterprise zone property.

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

Timeline

  1. 19 March 1991

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 19 March 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 19 March 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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