To amend the Internal Revenue Code of 1986 to allow an ordinary and necessary business expense deduction for contributions to regional infrastructure improvement zones, and for other purposes.

3.0.0 3780 2019-11-15T21:46:50Z 2019-11-15T21:46:50Z House H HR 2012-01-18 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DAVIS of Kentucky:H.R. 3780.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution andAmendment XVI of the United States Constitution.[Page H78]]]> hswm00 Ways and Means Committee House Standing Referred to 2012-01-18T15:01:25Z 2012-01-18 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2012-01-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-01-18 Introduced in House IntroReferral 1000 9 Library of Congress D000603 Rep. Davis, Geoff [R-KY-4] Geoff Davis R KY 4 N S001150 Rep. Schiff, Adam B. [D-CA-29] ADAM SCHIFF D CA B. 29 2012-03-29 False S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2012-07-09 False Taxation Business investment and capital Income tax deductions Infrastructure development Regional and metropolitan planning Taxation

00 2012-01-18 Introduced in House 2012-03-03T17:40:39Z Amends the Internal Revenue Code to allow a taxpayer to elect, during the five-year period after the enactment of this Act, to treat any contribution to a qualified regional infrastructure improvement zone as a tax deductible ordinary and necessary business expense. Defines "qualified regional infrastructure improvement zone" as any zone created and designated by a multi-jurisdictional regional planning organization to undertake public infrastructure improvement projects.

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To amend the Internal Revenue Code of 1986 to allow an ordinary and necessary business expense deduction for contributions to regional infrastructure improvement zones, and for other purposes. Display Title To amend the Internal Revenue Code of 1986 to allow an ordinary and necessary business expense deduction for contributions to regional infrastructure improvement zones, and for other purposes. Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow an ordinary and necessary business expense deduction for contributions to regional infrastructure improvement zones, and for other purposes. Introduced in House 2012-01-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3780ih/xml/BILLS-112hr3780ih.xml 2012-01-18 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.