HR 4823
101th Congress
House
Taxation
Building construction
Building leases
Depreciation and amortization
Earthquakes
Income tax
Interest
Standards
Tax deductions
Tax-exempt securities
National Earthquake Damage Prevention Act of 1990
Introduced: May 15, 1990
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 1990
Referred to the House Committee on Ways and Means.
May 15, 1990
Introduced in House
Plain-English summary
National Earthquake Damage Prevention Act of 1990 - Amends the Internal Revenue Code to disallow the following tax benefits with respect to structures that do not meet earthquake standards: (1) the depreciation deduction; (2) the deduction for lease and rental payments; (3) the interest deduction; and (4) the tax exemption of interest on State and local bond financing.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1