To amend the Internal Revenue Code of 1986 to provide for economic revitalization, and for other purposes.
TABLE OF CONTENTS:
Title I: Tax Incentives
Title II: Manufacturing Technology
Title III: Appropriations from Transportation Trust Funds
Economic Revitalization and Competitiveness Act of 1993 - Title I: Tax Incentives - Amends the Internal Revenue Code to reinstate the five-percent regular investment tax credit.
Makes the credit for increasing research activities permanent law.
Makes permanent the exclusion from gross income of amounts received under educational assistance programs.
Increases the amount excepted from rebate for governmental units making small bond issues.
Makes the targeted jobs credit permanent law.
Reduces the capital gains tax for individuals.
Title II: Manufacturing Technology - Amends the Stevenson-Wydler Technology Innovation Act of 1980 to establish the Nationwide Network of Manufacturing Outreach Centers to assist U.S. manufacturers, especially small and medium-sized firms, to expand the use of technology and modern manufacturing processes. Provides for a related communications infrastructure and information clearinghouse. Authorizes appropriations.
Title III: Appropriations from Transportation Trust Funds - Expresses the sense of the Congress that certain amounts authorized to be appropriated out of the transportation trust funds should be appropriated.
Became Public Law No: 103-66.
Introduced in House
Introduced in House
Referred to the House Committee on Public Works + Transportation.
Referred to the House Committee on Science, Space and Technology.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Technology, Environment, and Aviation.
Referred to the Subcommittee on Surface Transportation.
Referred to the Subcommittee on Aviation.
See H.R.2264.
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