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HR 1304 107th Congress House Taxation Business income tax Commerce Depreciation and amortization Environmental Protection Equipment and supplies Income tax Investment tax credit Iron Machinery Manufacturing industries Public Lands and Natural Resources Recycling of waste products Scrap metals

To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.

Introduced: March 29, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2001
Referred to the House Committee on Ways and Means.
Mar 29, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to allow businesses a limited reclamation credit of 20 percent of the basis of each qualified reclamation property placed in service during the taxable year. Defines qualified reclamation property as, among other things, qualified recycling property or qualified remanufacturing property.
What's happening now March 29, 2001

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 2 Republican 2
R
Wilson, Joe
South Carolina · Jul 16, 2002
 R
Sessions, Pete
Texas · Jul 17, 2001
 D
Neal, Richard E.
Massachusetts · Jun 28, 2001
 D
Davis, Danny K.
Illinois · Apr 4, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1304: To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1304/
MLA
"H.R. 1304: To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1304/.
Bluebook (legal)
H.R. 1304, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1304/.
Markdown link
[H.R. 1304: To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.](https://openamerica.io/bill/107-HR-1304/)
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