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United States · Bill · HR

H.R. 1609 (102nd)

To amend the Internal Revenue Code of 1986 to deny any deduction for compensatory damages paid to any government for damages to the environment resulting from a spill of any hazardous material.

referredUnited States· United States Congress· EN

Introduced

22 March 1991

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to disallow trade or business expense deductions for compensatory damages paid to any government for environmental damages resulting from any incident involving a hazardous material.

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Documents

2 official files

Introduced in House (text)

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Sources

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