S 2415 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide for the application of the investment tax credit to property purchased by a person who is engaged in the trade or business of furniture rental or leasing to others.

Introduced 1980-03-12· Sponsored by Sen. Packwood, Bob [R-OR]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1980-03-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide for the application of the investment tax credit to property purchased by a person who is engaged in the trade or business of renting or leasing furniture.…

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

Cosponsors (3)

2 Democrats1 Republican