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- H.R.1216
H.R.1216: Domestic Investment Economic Growth Act
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about education
- Introduced March 4, 1993
- Latest Major Action March 17, 1993
Bill Sponsor
Bill Cosponsor
Bill Summary
Domestic Investment Economic Growth Act - Amends the Internal Revenue Code to exclude from gross income gain on qualified investments in an enterprise zone business and a domestic business. Excludes 100 percent of such gain from investment in an enterprise zone business or an urban enterprise zone, and 50 percent of such gain from other qualified investments. Provides for the establishment of investment savings accounts. Allows an individual a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Banking, Finance + Urban Affrs.
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Referred to the House Committee on Ways and Means.
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Referred to the Subcommittee on Housing and Community Development.
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Referred to the Subcommittee on Economic Growth and Credit Formation.
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| March 4, 1993 |
Introduced in the House by Robert E. Andrews (D-N.J.) |