HR 997
105th Congress
House
Taxation
Agriculture and Food
Business income tax
Commerce
Costs
Depreciation and amortization
Environmental Protection
Environmental assessment
Environmental health
Groundwater pollution
Hazardous waste site remediation
Income tax
Refuse and refuse disposal
Soil pollution
Tax deductions
Waste disposal sites
Water pollution control
To amend the Internal Revenue Code of 1986 to allow expensing and rapid amortization of certain environmental remediation expenditures.
Introduced: March 6, 1997
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 6, 1997
Referred to the House Committee on Ways and Means.
Mar 6, 1997
Sponsor introductory remarks on measure. (CR E412)
Mar 6, 1997
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to permit the expensing (of up to $500,000) and amortization (of the remaining amount over a 60-month period) of qualified environmental remediation expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1