Investment Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow an investment credit for certain investment credit property acquired, completed, or placed in service within 18 months of enactment. Covers tangible personal property and other non-building tangible property as specified.
Makes such property ineligible for other investment credits (energy or rehabilitation).
Actions
Oct 16, 2001
Referred to the House Committee on Ways and Means.