S.1292: Small Business Pollution Prevention Opportunity Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Aug. 1, 2001
  • Latest Major Action Aug. 1, 2001

Bill Cosponsor

Bill Summary

Small Business Pollution Prevention Opportunity Act of 2001 - Amends the Internal Revenue Code to establish a dry or wet cleaning equipment credit for any taxable year equivalent to 20 percent of the basis of each qualified dry or wet cleaning property placed in service during the year (40 percent of such basis in the case of such property placed in service in an empowerment zone, enterprise community, or renewal community) which is designed...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Aug. 1, 2001

Introduced in the Senate by John Reid Edwards (D-N.C.)

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