HR 3654
101th Congress
House
Taxation
Depreciation and amortization
Environmental Protection
Equipment and supplies
Income tax
Investment tax credit
Newspaper publishing
Newspapers
Recycling of waste products
Tax deductions
Newspaper Incentive Recycling Conservation Act of 1989
Introduced: November 14, 1989
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 14, 1989
Referred to the House Committee on Ways and Means.
Nov 14, 1989
Introduced in House
Plain-English summary
Newspaper Incentive Recycling Conservation Act of 1989 - Amends the Internal Revenue Code to deny the use of the accelerated cost recovery system for determining the depreciation deduction for major newspapers that are not using the required percentage of recycled newsprint.
Reduces the deduction for trade or business expenses for major newspapers that do not use such required percentage.
Establishes an investment tax credit for recycling equipment.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1