HR 4861 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to encourage investments in manufacturing companies by providing special treatment for losses on such investments.

Introduced 1990-05-17· Sponsored by Rep. Ritter, Don [R-PA-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide for the treatment of losses on stock in manufacturing companies as ordinary (as opposed to capital) losses.…

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

Cosponsors (13)

13 Republicans
Rep. Campbell, Tom [R-CA-12]CA
Rep. DeLay, Tom [R-TX-22]TX
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. Boehlert, Sherwood [R-NY-25]NY
Rep. Buechner, Jack [R-MO-2]MO
Rep. Inhofe, James M. [R-OK-1]OK
Rep. Bartlett, Steve [R-TX-3]TX
Rep. Hastert, J. Dennis [R-IL-14]IL
Rep. Paxon, Bill [R-NY-31]NY
Rep. Livingston, Bob [R-LA-1]LA
Rep. Lewis, Jerry [R-CA-35]CA
Rep. Walker, Robert S. [R-PA-16]PA
Rep. Lent, Norman F. [R-NY-4]NY