HR 4041 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to remove an inequity by allowing the same investment tax credit for certain tangible property used as an integral part of retail or wholesale trade as is allowed for such property used in manufacturing and other certain businesses.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-05-10)
Plain Language Summary
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Amends the Internal Revenue Code to extend the investment tax credit to tangible property used as an integral part of a retail or wholesale trade.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
1 Democrat2 Republicans