HR 4146
97th Congress
House
Taxation
Business and commerce
Energy
Energy conservation
Energy development
Energy policy
Energy tax credits
Housing and Housing Finance
Income tax
Industrial development bonds
Investment tax credit
Renewable natural resources
Residential energy conservation
Securities and Investments
Tax credits
A bill to amend the Internal Revenue Code of 1954 to limit the application of the subsidized energy financing limitations on certain tax credit to Federal subsidies, and for other purposes.
Introduced: July 15, 1981
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 1981
Referred to House Committee on Ways and Means.
Jul 15, 1981
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to remove from the subsidized energy financing limitation, for purposes of determining expenditures which qualify for the residential energy credit and the investment tax credit, energy financing received under State or local programs.
Removes industrial development bond proceeds from the formula for reducing the qualified investment in energy property for purposes of the investment tax credit.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1