H.R.201: Financial Institution and Real Estate (FIRE) Relief Act of 1997

About This Bill

Bill Summary

Financial Institution and Real Estate (FIRE) Relief Act of 1997 - Amends the Internal Revenue Code to allow the Secretary of the Treasury to designate from among the areas nominated for designation, three nominated areas as economic recovery areas. Limits the period during which a designation may be made. Provides for an economic recovery area employment credit to any employer for any taxable year in the amount of 20 percent of the qualified...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Jan. 7, 1997

Introduced in the House by Barbara B. Kennelly (D-Conn.)

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