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- H.R.539
H.R.539: Investment Tax Incentive Act of 1993
About This Bill
- Introduced Jan. 21, 1993
- Latest Major Action July 29, 1994
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
91 (4 Democrats, 87 Republicans)
Bill Summary
Investment Tax Incentive Act of 1993 - Amends the Internal Revenue Code to allow the depreciation deduction to be computed based on a neutral recovery basis for property placed in service after December 31, 1992. Repeals the special depreciation rules applicable under the adjusted current earnings provisions of the minimum tax.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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See H.R.2264.
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Sponsor introductory remarks on measure.
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Jan. 21, 1993 |
Introduced in the House by Nick Smith (R-Mich.) |