HR 3907 · 97th Congress · Taxation

Commercial and Industrial Structures Rehabilitation Act

Introduced 1981-06-11· Sponsored by Rep. Ritter, Don [R-PA-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.4242.(1981-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] Commercial and Industrial Structures Rehabilitation Act - Amends the Internal Revenue Code to increase from ten percent to 25 percent the investment tax credit percentage for qualified rehabilitation expenditures. Includes as qualified rehabilitation expenditures any expenditures for property which is otherwise eligible for the investment tax credit.…

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

Cosponsors (10)

7 Democrats3 Republicans