HR 4434
102th Congress
House
Taxation
Environmental Protection
Excise tax
Income tax
Manufacturing industries
Paper and paper products
Recycling of waste products
Standards
Tax credits
Paper Recycling Act of 1992
Introduced: March 11, 1992
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 1992
Referred to the Subcommittee on Transportation and Hazardous Materials.
Mar 11, 1992
Introduced in House
Mar 11, 1992
Referred to the House Committee on Ways and Means.
Mar 11, 1992
Referred to the House Committee on Energy and Commerce.
Plain-English summary
Paper Recycling Act of 1992 - Amends the Internal Revenue Code to impose an excise tax of four percent on the sale by the manufacturer, producer, or importer of any designated paper product that does not meet applicable minimum recycled content standards. Provides a higher tax on products which fail to satisfy the applicable standard and one or more levels below such standard.
Allows a business-related tax credit for the production of high recycled content paper.
Amends the Solid Waste Disposal Act to establish minimum recycled content standards for paper products for 1993 through 2004 and thereafter.
What's happening now
Referred to the Subcommittee on Transportation and Hazardous Materials.
Committees of jurisdiction
3