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HR 2340 103th Congress House Taxation Asbestos Building materials Environmental Protection Formaldehyde Hazardous waste disposal Income tax Industrial pollution Oil pollution Polychlorinated biphenyls Refuse and refuse disposal Tax credits Tax deductions Tax-exempt securities

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

Introduced: June 8, 1993 See on congress.gov
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 1993
Committee Hearings Held.
Jun 8, 1993
Referred to the House Committee on Ways and Means.
Jun 8, 1993
Sponsor introductory remarks on measure. (CR H3320)
Jun 8, 1993
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to establish an environmental remediation credit program that allows businesses a credit for 25 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 eligible jurisdictions that may participate in such credit program. Establishes the overall credit limitation and provides for its allocation among eligible cities and States.

Allows the issuance of tax-exempt bonds for qualified contaminated site remediation, with limitations.

What's happening now July 13, 1993

Committee Hearings Held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1
I
Sanders, Bernard
Vermont · Oct 6, 1993
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2340: To amend the Internal Revenue Code of 1986 to allow a credit for the cleanup of certain contaminated industrial sites.. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-2340/
MLA
"H.R. 2340: To amend the Internal Revenue Code of 1986 to allow a credit for the cleanup of certain contaminated industrial sites.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-2340/.
Bluebook (legal)
H.R. 2340, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-2340/.
Markdown link
[H.R. 2340: To amend the Internal Revenue Code of 1986 to allow a credit for the cleanup of certain contaminated industrial sites.](https://openamerica.io/bill/103-HR-2340/)
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