H.R.1325: Indian Employment and Investment Act of 1993

About This Bill

Bill Summary

Indian Employment and Investment Act of 1993 - Amends the Internal Revenue Code to establish an Indian reservation credit as a tax credit for investment in qualified Indian reservation property. Treats real estate rentals on an Indian reservation as the active conduct of a trade or business on such reservation. Declares that such credit applies only in the event that the Indian unemployment rate on the applicable reservation exceeds 300...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Select Revenue Measures.
Subcommittee Hearings Held.
March 11, 1993

Introduced in the House by Bill Richardson (D-N.M.)

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