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HR 2340 103th Congress House

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

Introduced: October 6, 1993 See on congress.gov
Taxation AsbestosBuilding materialsEnvironmental ProtectionFormaldehyde
More subjectsShow fewer subjects
Hazardous waste disposalIncome taxIndustrial pollutionOil pollutionPolychlorinated biphenylsRefuse and refuse disposalTax creditsTax deductionsTax-exempt securities
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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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 Latest action July 13, 1993

Committee Hearings Held.

 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.

 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
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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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