HR 4086 · 98th Congress · Taxation

A bill to amend the Economic Recovery Tax Act of 1981 to clarify the tax treatment of sale and leaseback transactions with respect to mass commuting vehicles.

Introduced 1983-10-05· Sponsored by Rep. Matsui, Robert T. [D-CA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-10-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Economic Recovery Tax Act of 1981 to prohibit the imposition of a State or local sales tax on a sale and leaseback arrangement involving a qualified mass commuting vehicle.…

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