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United States · Bill · S

S. 88 (99th)

Prison Construction Privatization Act of 1985

openUnited States· United States Congress· EN

Introduced

3 January 1985

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Prison Construction Privatization Act of 1985 - Amends the Internal Revenue Code to provide that restrictions on the allowance for depreciation and the investment tax credit for property leased by a tax-exempt entity shall not apply to certain correctional facilities leased by State and local governments.

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Documents

1 official file

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Sources

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