Summary: H.R.10674 — 95th Congress (1977-1978)All Information (Except Text)

There is one summary for H.R.10674. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/01/1978)

Amends the Internal Revenue Code to allow taxpayers to deduct all current expenditures for plants and facilities which are otherwise chargeable to capital account and which are certified as required by Federal law and as not significantly increasing the plant's or facility's value or productivity.