HR 691 · 103th Congress · Taxation
Competitiveness Tax Credit Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1993-01-27)
Plain Language Summary
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Competitiveness Tax Credit Act - Amends the Internal Revenue Code to allow an investment tax credit for manufacturing and other productive equipment based upon a determination of the domestic origin of such property. Makes such credit applicable for the two-year period beginning on the date of enactment of this Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only