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- H.R.997
H.R.997: To amend the Internal Revenue Code of 1986 to allow expensing and rapid amortization of certain environmental remediation expenditures.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced March 6, 1997
- Latest Major Action March 6, 1997
Bill Sponsor
Bill Cosponsors
16 (9 Democrats, 8 Republicans)
Bill Summary
Amends the Internal Revenue Code to permit the expensing (of up to $500,000) and amortization (of the remaining amount over a 60-month period) of qualified environmental remediation expenses.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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March 6, 1997 |
Introduced in the House by Gerald C. Weller (R-Ill.) |