HR 6171 · 96th Congress · Taxation

Used Machinery Investment Credit Adjustment Act of 1979

Introduced 1979-12-18· Sponsored by Rep. Nowak, Henry [D-NY-37]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-12-18)

Plain Language Summary

[AI summary unavailable — showing source text] Used Machinery Investment Credit Adjustment Act of 1979 - Amends the Internal Revenue Code to increase from $100,000 to $200,000 the cost of used property which is eligible for the investment tax credit.…

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

Cosponsors (20)

13 Democrats7 Republicans