S. 878 — A bill to amend the Internal Revenue code of 1954 to provide an investment tax credit for the installation of certain fire prevention equipment.

Summary

Amends the Internal Revenue Code to qualify depreciable fire prevention property with a useful life of three years or more for the investment tax credit. Terminates such credit after 1985.

Full Text

Legislative Actions

1981-04-07
Introduced in Senate
1981-04-07
Read second time and referred to Senate Committee on Finance.
1981-04-10
Committee on Finance requested executive comment from OMB; Treasury Department.

A bill to amend the Internal Revenue code of 1954 to provide an investment tax credit for the installation of certain fire prevention equipment.

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill