A bill to amend the Internal Revenue Code of 1954 to extend and liberalize the amortization provisions for pollution control facilities.

Summary

Allows the amortization deduction over 36 months for certified pollution control expenditures. Defines such expenditures for purposes of this Act. Prohibits the amortization of such expenditures if the pollution treatment recovers wastes for profit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 October 1974

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 3 October 1974

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 October 1974

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 3 October 1974

  Open at official source

Sponsors

• Sen. Heinz, John [R-PA] · R · Sponsor
• · hswm00 · Standing

Related records

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