HR 2705 · 102th 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 1991-06-20· 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.(1991-06-20)

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 (2)

2 Republicans