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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1991-06-20)
Plain Language Summary
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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