A bill to amend the Internal Revenue code of 1954 to provide an investment tax credit for the installation of certain fire prevention equipment.

Summary

Amends the Internal Revenue Code to qualify depreciable fire prevention property with a useful life of three years or more for the investment tax credit. Terminates such credit after 1985.

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

Timeline

1. 7 April 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

2. 7 April 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 10 April 1981

   Committee

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

   Source: Committee

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 · 7 April 1981

  Open at official source

Sponsors

• Sen. Cannon, Howard W. [D-NV] · D · Sponsor
• Sen. Laxalt, Paul D. [R-NV] · R · Sponsor
• Sen. Williams, Harrison A., Jr. [D-NJ] · D · Cosponsor
• · ssfi00 · Standing

Related records

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