To amend the Internal Revenue Code of 1986 to encourage investments in new manufacturing and other productive equipment by providing a temporary investment tax credit to taxpayers who increase the amount of such investments.
Temporary Investment Tax Credit Restoration Act of 1992 - Amends the Internal Revenue Code to allow an investment tax credit for manufacturing and other productive equipment for the period after December 31, 1991, and before January 1, 1994. Provides for determining such credit.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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