A bill to amend the Internal Revenue Code of 1954 to clarify the application of the investment tax credit to certain enclosures or structures used for the housing, raising, or feeding of poultry or their produce.
Latest action. Referred to Senate Committee on Finance.
(Reported to House from the Committee on Ways and Means with amendment, H. Rept. 95-1761) Amends the Internal Revenue Code to allow a ten percent investment tax credit for the construction of single purpose poultry or hog structures or a single purpose greenhouse. Includes any enclosure or structure used (1) for housing, raising, and feeding poultry, hogs, and their produce; (2) for housing the necessary equipment; and (3) for work space incidental to caring for poultry, hogs, plants, or associated equipment. Provides that such structures will qualify for the accelerated method of depreciation.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Reported to House with amendment(s)" stage on October 11, 1978. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on October 13, 1978: Referred to Senate Committee on Finance.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 95th Congress (1977-78), 633 of the 19,387 bills and joint resolutions introduced became law, about 3.3 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
J. PICKLE (D-TX) introduced it on May 24, 1978, and 1 member has since signed on as a cosponsor.
They are 1 Democrat.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on May 24, 1978, 17641 days ago. The most recent recorded action was 17499 days ago, on October 13, 1978.
Measures do not carry over. Anything the 95th Congress has not finished by January 3, 1979 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers