HR 177 · 107th Congress · Taxation

Indian Reservation Jobs and Investment Act of 2001

Introduced 2001-01-03· Sponsored by Rep. Shadegg, John B. [R-AZ-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Indian Reservation Jobs and Investment Act of 2001 - Amends the Internal Revenue Code to allow an Indian reservation investment credit based on specified amounts. Includes qualified personal property and qualified real property used or located outside an Indian reservation which is connected to existing tribal infrastructure in the reservation, including roads, power lines, water systems, railroad spurs, and communication facilities as a reservation infrastructure investment. Limits the credit based on the Indian unemployment rate. Provides for recapture of the credit in certain cases.…

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