H.R. 1945 — Indian Reservation Jobs and Investment Act of 1999

Summary

Indian Reservation Jobs and Investment Act of 1999 - Amends the Internal Revenue Code to allow an Indian reservation investment credit based on specified amounts. Includes qualified personal property and qualified real property used or located outside an Indian reservation which is connected to existing tribal infrastructure in the reservation, including roads, power lines, water systems, railroad spurs, and communication facilities as a reservation infrastructure investment. Limits the credit based on the Indian unemployment rate. Provides for recapture of the credit in certain cases.

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Legislative Actions

1999-05-26
Introduced in House
1999-05-26
Introduced in House
1999-05-26
Sponsor introductory remarks on measure. (CR E1098-1099)
1999-05-26
Referred to the House Committee on Ways and Means.

Indian Reservation Jobs and Investment Act of 1999

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