To amend the Internal Revenue Code of 1986 to allow a credit for the cleanup of certain contaminated industrial sites.

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 limitation and provides for its allocation among eligible States. Allows the issuance of tax-exempt bonds for qualified contaminated site remediation, with limitations.

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Timeline

1. 8 June 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 June 1995 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 June 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 June 1995

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 8 June 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. English, Phil [R-PA-3] · R · Sponsor
• Rep. Weller, Jerry [R-IL-11] · R · Sponsor
• Rep. Ackerman, Gary L. [D-NY-5] · D · Sponsor
• Rep. Blute, Peter I. [R-MA-3] · R · Sponsor
• Rep. LaTourette, Steven C. [R-OH-14] · R · Cosponsor
• Rep. Flanagan, Michael Patrick [R-IL-5] · R · Cosponsor
• · hswm00 · Standing

Related records

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