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HR 2646 102th Congress House

Productive Investment Incentive Act

Official title: To amend the Internal Revenue Code of 1986 to allow small- and medium-sized manufacturers to expense certain acquisitions of productive equipment.

Introduced: July 24, 1991 See on congress.gov
Taxation Corporation taxesDepreciation and amortizationIncome taxManufacturing industries
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Minimum taxTax deductions
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 1991
Referred to the House Committee on Ways and Means.
Jun 13, 1991
Introduced in House
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 Latest action June 13, 1991

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Productive Investment Incentive Act - Amends the Internal Revenue Code to allow a business expense deduction for up to $250,000 (currently, $10,000) of depreciable business assets if property is used as an integral part of manufacturing, production, or extraction. Reduces such allowance by the amount by which the cost of such property exceeds $1,000,000 (currently, $200,000) for a taxable year.

Excludes such depreciation deduction from the alternative minimum tax.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
FROST, MARTIN
· Jul 31, 1991
 D
Kaptur, Marcy
Ohio · Jul 24, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2646: Productive Investment Incentive Act. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-2646/
MLA
"H.R. 2646: Productive Investment Incentive Act." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-2646/.
Bluebook (legal)
H.R. 2646, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-2646/.
Markdown link
[H.R. 2646: Productive Investment Incentive Act](https://openamerica.io/bill/102-HR-2646/)
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