HR 5461 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to restore the regular investment tax credit for property placed in service during a specified period.

Introduced 1992-06-23· Sponsored by Rep. Erdreich, Ben [D-AL-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to reinstate the investment tax credit of ten percent of qualified investment in tangible business property placed in service during 1992, 1993, or 1994. Allows such credit for property placed in service after December 31, 1994, under specified circumstances.…

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