HR 1686 · 103th Congress · Taxation

Investment Tax Credit Act of 1993

Introduced 1993-04-02· Sponsored by Rep. Torkildsen, Peter G. [R-MA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1993-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] Investment Tax Credit Act of 1993 - Amends the Internal Revenue Code to reinstate the ten-percent investment tax credit for property used as an integral part of manufacturing, production, or extraction or of furnishing transportation, communications, electrical energy, gas, water, waste disposal, or pollution control services. Allows such tax to offset 100 percent of a C corporation's minimum tax.…

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

Cosponsors (12)

12 Republicans
Rep. McCandless, Alfred A. (Al) [R-CA-44]CA
Rep. Stump, Bob [R-AZ-3]AZ
Rep. Zimmer, Dick [R-NJ-12]NJ
Rep. Doolittle, John T. [R-CA-4]CA
Rep. Inhofe, James M. [R-OK-1]OK
Rep. Levy, David A. [R-NY-4]NY
Rep. Blute, Peter I. [R-MA-3]MA
Rep. Solomon, Gerald B. H. [R-NY-22]NY
Rep. Baker, Richard H. [R-LA-6]LA
Rep. Fish, Hamilton, Jr. [R-NY-19]NY
Rep. Talent, Jim [R-MO-2]MO
Rep. Zeliff, William H., Jr. [R-NH-1]NH