Skip to main content
HR 152 99th Congress House Taxation Capital gains tax Communications and Broadcasting Income tax Investment tax credit Radio broadcasting Tax credits Telecommunication policy

Minority Telecommunications Ownership Tax Act of 1985

Introduced: January 3, 1985 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 1985
Referred to House Committee on Ways and Means.
Jan 3, 1985
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Minority Telecommunications Ownership Tax Act of 1985 - Amends the Internal Revenue Code to increase the investment tax credit for the purchase of used telecommunications property pursuant to a Federal Communications Commission tax certificate. Defines "FCC tax certificate" as any certificate granted by the Federal Communications Commission which provides that the purchase of the property is necessary or appropriate to effectuate an FCC policy with respect to the ownership and control of systems of communication by wire or radio.

Extends the nonrecognition of gain for FCC-certified sales or exchanges of radio broadcasting stations to systems of communications by wire or radio.

What's happening now January 3, 1985

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Markey, Edward J.
Massachusetts · Jan 3, 1985
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 152: Minority Telecommunications Ownership Tax Act of 1985. 99th Congress. Open America. https://openamerica.io/bill/99-HR-152/
MLA
"H.R. 152: Minority Telecommunications Ownership Tax Act of 1985." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-152/.
Bluebook (legal)
H.R. 152, 99th Cong. (2026), https://openamerica.io/bill/99-HR-152/.
Markdown link
[H.R. 152: Minority Telecommunications Ownership Tax Act of 1985](https://openamerica.io/bill/99-HR-152/)
Report a problem