HR 1207 · 103th Congress · Taxation
Jobs Preservation Act of 1993
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Labor-Management Relations.(1993-03-29)
Plain Language Summary
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Jobs Preservation Act of 1993 - Amends the Worker Adjustment and Retraining Notification Act to require notification of certain plant closings to the Secretary of the Treasury if the employer or a related person holds stock in a corporation eligible for the Puerto Rico and possession tax credit. Amends the Internal Revenue Code to deny the Puerto Rico and possession tax credit in cases of runaway plants.…
Summarized by Claude AI · Non-partisan · For informational purposes only