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Searching...- Bills
- H.R.1953
H.R.1953: Space Business Incentives Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced June 28, 1995
- Latest Major Action June 28, 1995
Bill Sponsor
Bill Cosponsors
7 (All Republicans)
Bill Summary
Space Business Incentives Act of 1995 - Amends the Internal Revenue Code to allow a deduction for an amount equal to the aggregate amount paid during the taxable year for the purchase of qualified Commercial Space Stock. Excludes gain on the sale or exchange of qualified space corporation stock held for more than five years, with limitations. Provides for the treatment of space launch and launch support facility bonds as exempt facility bonds....
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 28, 1995 |
Introduced in the House by Robert Smith Walker (R-Pa.) |