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H.R.136
Summary:
Summary: H.R.136 [108th]
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Introduced in House (01/07/2003)
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Agricultural Producers Value-Added Investment Tax Credit Act of 2003 - Amends the Internal Revenue Code to provide that for purposes of the general business credit, for either an eligible farmer or a farmer-owned entity, the value-added agricultural property investment credit for any taxable year is 50 percent of the basis of any qualified value-added agricultural property placed in service during the taxable year. Provides that, in the case of a farmer-owned entity, such credit shall be allocated on a pro rata basis among eligible persons holding qualified interests in such entity as of the last day of such taxable year. Limits such credit.
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Major Actions: H.R.136 [108th]
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01/07/2003
Introduced in House
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Amendments:
Amendments: H.R.136 [108th]
No amendment information was received for H.R.136 - Agricultural Producers Value-Added Investment Tax Credit Act of 2003.
Cosponsors:
Cosponsors: H.R.136 [108th]
No cosponsor information was received for H.R.136.
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