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- H.R.2613
H.R.2613: To amend the Internal Revenue Code of 1986 to deny certain tax benefits in the case of buildings constructed with Japanese services.
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about foreign trade and international finance
- Introduced July 1, 1993
- Latest Major Action July 1, 1993
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Amends the Internal Revenue Code to: (1) defer the deduction for depreciation and amortization with respect to any Japanese-constructed building for ten years; (2) defer the recognition of any loss with respect to such building for 15 years; and (3) deny the use of tax-exempt bonds to provide Japanese-constructed facilities. Defines "Japanese-constructed building" as a building of which one percent or more of the cost is attributable to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| July 1, 1993 |
Introduced in the House by Pete Stark (D-Calif.) |