HR 1543 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to restore a limited investment tax credit.

Introduced 1989-03-21· Sponsored by Rep. Stangeland, Arlan [R-MN-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-03-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit an income tax credit, computed at the regular ten percent rate, of up to $100,000 for investments in certain depreciable property.…

Summarized by Claude AI · Non-partisan · For informational purposes only