legislation: 101-hr-5493
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 101-hr-5493 | 101 | hr | 5493 | Productive Investment Incentive Act | Taxation | 1990-08-03 | 1990-08-03 | Referred to the House Committee on Ways and Means. | House | Rep. Johnson, Nancy L. [R-CT-6] | CT | R | J000163 | 9 | Productive Investment Incentive Act - Amends the Internal Revenue Code to allow a business expense deduction for up to $250,000 (currently, $10,000) of depreciable business assets if property is used as an integral part of manufacturing, production, or extraction. Reduces such allowance by the amount by which the cost of such property exceeds $1,000,000 (currently, $200,000) for a taxable year. Excludes such depreciation deduction from the alternative minimum tax. | 2025-08-26T17:25:57Z |