To amend the Internal Revenue Code of 1986 to restore the 10 percent regular investment tax credit.
Investment Tax Credit Act of 1994 - 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, and sewage disposal services.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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