Amends the Internal Revenue Code to allow a ten percent investment tax credit for the construction of single purpose poultry or hog structures or a single purpose greenhouse. Includes any enclosure or structure used (1) for housing, raising, and feeding poultry, hogs, and their produce; (2) for housing the necessary equipment; and (3) for work space incidental to caring for poultry, hogs, plants, or associated equipment.
Provides that such structures will qualify for the accelerated method of depreciation.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 95-1761.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 95-1761.
Measure called up under motion to suspend rules and pass in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Referred to Senate Committee on Finance.
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