HR 539
103th Congress
House
Taxation
Accounting
Depreciation and amortization
Earnings
Gross national product
Income tax
Minimum tax
Tax deductions
Investment Tax Incentive Act of 1993
Introduced: January 21, 1993
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 1994
Sponsor introductory remarks on measure. (CR H6460)
Aug 10, 1993
See H.R.2264.
Jan 21, 1993
Referred to the House Committee on Ways and Means.
Jan 21, 1993
Introduced in House
Plain-English summary
Investment Tax Incentive Act of 1993 - Amends the Internal Revenue Code to allow the depreciation deduction to be computed based on a neutral recovery basis for property placed in service after December 31, 1992.
Repeals the special depreciation rules applicable under the adjusted current earnings provisions of the minimum tax.
What's happening now
Sponsor introductory remarks on measure. (CR H6460)
Committees of jurisdiction
1