H.R.3144: Investment Tax Credit Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 16, 2001
  • Latest Major Action Oct. 16, 2001

Bill Summary

Investment Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow an investment credit for certain investment credit property acquired, completed, or placed in service within 18 months of enactment. Covers tangible personal property and other non-building tangible property as specified.Makes such property ineligible for other investment credits (energy or rehabilitation).

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 16, 2001

Introduced in the House by Thomas M. Reynolds (R-N.Y.)

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