A bill to amend the Internal Revenue Code of 1954 to encourage the domestic steel industry to modernize their plants and equipment in order to produce steel more efficiently by increasing the amount of the investment tax credit for high technology steel property.
Steel Modernization Act of 1984 - Amends the Internal Revenue Code to allow a 25 percent investment tax credit for high technology steel property.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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