Small Business Pollution Prevention and Opportunity Act

Summary

Small Business Pollution Prevention and Opportunity Act - Amends the Internal Revenue Code to establish a dry cleaning equipment credit for any taxable year equivalent to 20 percent of the basis of each qualified dry cleaning property placed in service during the year which is designed primarily to dry clean clothing and other fabric if: (1) such equipment does not use any hazardous solvent (a chlorinated or petroleum-based solvent, or any other hazardous or regulated substance) as the primary process solvent; (2) the original use of such property commences with the taxpayer; and (3) with respect to which depreciation (or amortization in lieu of depreciation) is allowable. Excludes from the meaning of hazardous solvent any solvent: (1) not more than ten percent of which consists of petroleum or petroleum derivatives; and (2) which does not contain any substance determined by any appropriate Federal agency to possess carcinogenic potential in humans or bioaccumulative properties.

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

Timeline

1. 17 November 1999

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 17 November 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 17 November 1999 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 November 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 November 1999

  ViewDownloadOpen 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.

• Introduced in Senate

  summary · EN · 17 November 1999

  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

• Sen. Helms, Jesse [R-NC] · R · Sponsor
• Sen. Edwards, John [D-NC] · D · Cosponsor
• Sen. Abraham, Spencer [R-MI] · R · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.