HR 2823 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow a credit against income tax for severance taxes and personal property taxes paid to an Indian tribal government.

Introduced 1991-06-27· Sponsored by Rep. Richardson, Bill [D-NM-3]· 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.(1991-06-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a general business credit for severance taxes and personal property taxes imposed by an Indian tribal government, when such taxes are imposed by any other State or local government. Allows such credit against the regular tax and the alternative minimum tax.…

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