HR 5331 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to terminate the provision added by the Economic Recovery Tax Act of 1981 which permits the transfer of tax benefits through leases.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1982-01-25)
Plain Language Summary
[AI summary unavailable — showing source text]
Terminates provisions of the Economic Recovery Tax Act of 1981 which set forth special rules for the leasing of depreciable business property between corporations after 1981.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
5 Democrats1 Republican