HRES 404
99th Congress
House
Taxation
Commerce
Congress and Members of Congress
Corporations and Stocks
Excise tax
Foreign Trade and Investments
Imports
Income tax
Legislation
Tariff
Tax deductions
A resolution to express the sense of the House of Representatives with respect to proposals currently before the Congress to deny an income tax deduction for the Federal excise tax and tariff portion of business' cost of providing goods and services.
Introduced: March 19, 1986
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 1986
Referred to Subcommittee on Trade.
Mar 19, 1986
Referred to House Committee on Ways and Means.
Mar 19, 1986
Introduced in House
Plain-English summary
Expresses the sense of the House of Representatives that Federal excise taxes and tariffs when incurred by business in the production of income should remain deductible for Federal income tax purposes.
What's happening now
Referred to Subcommittee on Trade.
Committees of jurisdiction
2