S 2152 · 96th Congress · Taxation
Used Machinery Investment Credit Adjustment Act of 1979
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1979-12-19)
Plain Language Summary
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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 (12)
9 Democrats3 Republicans