HR 3907 · 97th Congress · Taxation
Commercial and Industrial Structures Rehabilitation Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: See H.R.4242.(1981-08-04)
Plain Language Summary
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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