Sponsor and status
102nd Congress (1991–1992)
This bill was introduced on April 30, 1992, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
Representative for Indiana's 5th congressional district
Apr 30, 1992
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 5042 (102nd) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 5042. This is the one from the 102nd Congress.
This bill was introduced in the 102nd Congress, which met from Jan 3, 1991 to Oct 9, 1992. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2022). H.R. 5042 — 102nd Congress: To amend the Internal Revenue Code of 1986 to deny any deduction for equipment or …. Retrieved from https://www.govtrack.us/congress/bills/102/hr5042
“H.R. 5042 — 102nd Congress: To amend the Internal Revenue Code of 1986 to deny any deduction for equipment or ….” www.GovTrack.us. 1992. June 29, 2022 <https://www.govtrack.us/congress/bills/102/hr5042>
To amend the Internal Revenue Code of 1986 to deny any deduction for equipment or personnel moved outside the United States in connection with closing a business in the United States and to repeal the foreign tax credit, H.R. 5042, 102nd Cong. (1992).
|title=H.R. 5042 (102nd)
|accessdate=June 29, 2022
|author=102nd Congress (1992)
|date=April 30, 1992
|quote=To amend the Internal Revenue Code of 1986 to deny any deduction for equipment or …
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.