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SRES 525 97th Congress Senate

To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify certain Japanese-manufactured,…

Official title: To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify c… Show full official titleShow less

Official title: To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify certain Japanese-manufactured, numerically-controlled machine tools from the United States investment tax credit.

Introduced: December 21, 1982 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
Foreign Trade and International Finance Foreign Trade and InvestmentsImport restrictionsImportsIncome tax
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Investment tax creditJapanPresidential powersPresidents and Vice PresidentsTax credits
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Agreed to (Senate)
Dec 21, 1982
Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Voice Vote.
Dec 21, 1982
Passed/agreed to in Senate: Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Voice Vote.
Dec 21, 1982
Introduced in Senate
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 Latest action December 21, 1982

Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Voice Vote.

 Plain-English summary Congressional Research Service

Expresses the sense of the Senate that the President should exercise his authority to issue an Executive Order disqualifying Japanese-manufactured, numerically-controlled machining centers and punching machines for the investment tax credit until Japan provides persuasive evidence to the President that certain unfair and discriminatory acts and policies restricting U.S. commerce have ceased.

 Related & companion bills 1
  • SRES 516 Identical bill A resolution expressing the sense of the Senate on urging Presidential action pursuant to Section 103 of the Revenue Ac…
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APA
U.S. Congress. (2026). S. Res. 525: To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify certain Japanese-manufactured, numerically-controlled machine tools from the United States investment tax credit.. 97th Congress. Open America. https://openamerica.io/bill/97-SRES-525/
MLA
"S. Res. 525: To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify certain Japanese-manufactured, numerically-controlled machine tools from the United States investment tax credit.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-SRES-525/.
Bluebook (legal)
S. Res. 525, 97th Cong. (2026), https://openamerica.io/bill/97-SRES-525/.
Markdown link
[S. Res. 525: To express the sense of the Senate urging Presidential action pursuant to Section 103 of the Revenue Act of 1971, 26 U.S.C. sec. 48 (a) (7) (D) to disqualify certain Japanese-manufactured, numerically-controlled machine tools from the United States investment tax credit.](https://openamerica.io/bill/97-SRES-525/)
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