HR 2983 · 104th Congress · Taxation
To amend the Internal Revenue Code of 1986 to restore the 10 percent investment credit.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1996-02-28)
Plain Language Summary
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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, and sewage disposal services.…
Summarized by Claude AI · Non-partisan · For informational purposes only