HR 3693 · 110th Congress · Taxation

American Competitiveness Tax Act of 2007

Introduced 2007-09-27· Sponsored by Rep. English, Phil [R-PA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-09-27)

Plain Language Summary

[AI summary unavailable — showing source text] American Competitiveness Tax Act of 2007 - Amends the Internal Revenue Code to allow business taxpayers with net operating losses in prior taxable years to claim a full tax deduction for income attributable to domestic production activities.…

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