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- H.R.1799
H.R.1799: To amend the Internal Revenue Code of 1986 to allow a credit for the cleanup of certain contaminated industrial sites.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced June 8, 1995
- Latest Major Action June 8, 1995
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (1 Democrat, 4 Republicans)
Bill Summary
Amends the Internal Revenue Code to establish an environmental remediation credit program that allows businesses a credit for 40 percent of the costs incurred for: (1) environmental remediation with respect to any qualified contaminated site; and (2) an approved environmental remediation plan. Requires the Secretary of Housing and Urban Development to designate States for participation in the credit program. Establishes the overall credit...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 8, 1995 |
Introduced in the House by Phil English (R-Pa.) |