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- H.R.2708
H.R.2708: To amend the Internal Revenue Code of 1986 to provide taxpayers engaged in certain agriculture-related activities a credit against income tax for property used to control environmental pollution and for soil and water conservation expenditures.
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about environmental protection
- Introduced July 22, 1993
- Latest Major Action July 22, 1993
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
49 (15 Democrats, 34 Republicans)
Bill Summary
Amends the Internal Revenue Code to allow taxpayers primarily engaged in a farming-related business an investment tax credit for a percentage of: (1) the costs of agricultural environmental property; and (2) the amount allowed as a deduction for soil and water conservation expenditures.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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July 22, 1993 |
Introduced in the House by Fred Grandy (R-Iowa) |