S 1526
106th Congress
Senate
Taxation
Business income tax
Capital investments
Commerce
Community development
Community development corporations
Counseling
Depressed areas
Finance and Financial Sector
Financial planning
Income tax
Infrastructure
Investment tax credit
Loans
Partnerships
Social Welfare
Stocks
Tax credits
Urban affairs
A bill to amend the Internal Revenue Code of 1986 to provide a tax credit to taxpayers investing in entities seeking to provide capital to create new markets in low-income communities.
Introduced: August 5, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 1999
Read twice and referred to the Committee on Finance.
Aug 5, 1999
Sponsor introductory remarks on measure. (CR S10426-10427)
Aug 5, 1999
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to allow a limited credit to a taxpayer making a qualified low-income community investment (as defined).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1