S. 1859 — Rural Revitalization Act of 1999

Summary

Rural Revitalization Act of 1999 - Amends the Internal Revenue Code to: (1) establish a rural revitalization tax credit; and (2) increase the election to expense certain depreciable business assets in the case of a qualified active low-income rural community business.

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Legislative Actions

1999-11-04
Introduced in Senate
1999-11-04
Sponsor introductory remarks on measure. (CR S13979-13981)
1999-11-04
Read twice and referred to the Committee on Finance.

Rural Revitalization Act of 1999

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Summary

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