To amend the Internal Revenue Code of 1986 to accelerate the phasein of the deduction for domestic production activities.
Last action on Jan 23, 2008Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to to eliminate the phasein of the tax deduction for income attributable to domestic production activities and permit the full 9% deduction amount for taxable years beginning after 2007.
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