To amend the Internal Revenue Code of 1986 to put tools in the hands of American workers by reinstating after 1990 a 10-percent investment tax credit for property used in manufacturing, production, extraction or related purposes in the United States.
Jobs, Growth, and Competitiveness Act of 1990 - Amends the Internal Revenue Code to reinstate the ten-percent investment tax credit for property used as an integral part of manufacturing, production, or extraction or of furnishing transportation, communications, electrical energy, gas, water, waste disposal, or pollution control services. Allows such tax credit to offset 100 percent of certain corporation's minimum tax.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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