HR 4912
97th Congress
House
Taxation
Business and commerce
Energy
Energy conservation
Energy tax credits
Income tax
Industrial energy conservation
Investment tax credit
Tax credits
Commercial Business Energy Tax Credit Act of 1981
Introduced: November 5, 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
Nov 5, 1981
Referred to House Committee on Ways and Means.
Nov 5, 1981
Introduced in House
Plain-English summary
Commercial Business Energy Tax Credit Act of 1981 - Amends the Internal Revenue Code to include in the definition of "specially defined energy property," for purposes of the investment tax credit, specified additional equipment and devices installed in connection with any existing industrial, retail, or commercial facility for the purpose of reducing energy consumption. Revises the definition of "energy property" to include insulation property. Increases the energy percentage, for purposes of such credit, in the case of property which is qualified for the credit under this Act.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1