legislation: 98-s-2987

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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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
98-s-2987 98 s 2987 Minority Telecommunications Ownership Tax Act of 1984 Taxation 1984-09-12 1984-09-18 Committee on Finance requested executive comment from OMB, Treasury Department. Senate Sen. Domenici, Pete V. [R-NM] NM R D000407 0 Minority Telecommunications Ownership Tax Act of 1984 - Amends the Internal Revenue Code to increase the dollar limitation on used property eligible for the investment tax credit from $150,000 to $5,000,000 for property certified by the Federal Communications Commission (FCC) as necessary or appropriate to effectuate an FCC policy with respect to the ownership and control of systems of communication by wire or radio. Extends to non-broadcast communications systems the nonrecognition of gain on FCC-certified sales and exchanges. 2025-08-29T17:38:21Z  

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