HR 3998 · 96th Congress · Taxation

Alcohol Production Incentive Act of 1979

Introduced 1979-05-08· Sponsored by Rep. Minish, Joseph G. [D-NJ-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-05-08)

Plain Language Summary

[AI summary unavailable — showing source text] Alcohol Production Incentive Act of 1979 - Amends the Internal Revenue Code to allow a taxpayer to elect an income tax deduction with respect to the amortization, based on a 60-month period, of any qualified facility producing alcohol from coal or biomass for primary use as a substitute for fuel.…

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