HR 3841 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to restore the regular investment tax credit for domestically produced property.

Introduced 1989-11-21· Sponsored by Rep. Taylor, Gene [D-MS-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-11-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal provisions which terminated the regular percentage used in determining the investment tax credit for general business property. Revises provisions concerning property that is completed abroad or is predominantly of foreign origin.…

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