HR 3144 · 107th Congress · Taxation

Investment Tax Credit Act of 2001

Introduced 2001-10-16· Sponsored by Rep. Reynolds, Thomas M. [R-NY-27]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-10-16)

Plain Language Summary

[AI summary unavailable — showing source text] Investment Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow an investment credit for certain investment credit property acquired, completed, or placed in service within 18 months of enactment. Covers tangible personal property and other non-building tangible property as specified. Makes such property ineligible for other investment credits (energy or rehabilitation).…

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