HR 4988 · 95th Congress · Taxation

Investment Tax Credit Act

Introduced 1977-03-14· Sponsored by Rep. Seiberling, John F. [D-OH-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-03-14)

Plain Language Summary

[AI summary unavailable — showing source text] Investment Tax Credit Act - Amends the Internal Revenue Code to allow an additional investment tax credit for machinery and equipment placed in service on existing manufacturing plants or in nearby areas.…

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

Cosponsors (10)

8 Democrats2 Republicans