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HR 4718 108th Congress House Taxation Agribusiness Agricultural chemicals Agriculture and Food Commerce Costs Environmental Protection Income tax Pesticides Security measures Tax credits

Agricultural Business Security Tax Credit Act of 2004

Introduced: June 25, 2004 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2004
Referred to the House Committee on Ways and Means.
Jun 25, 2004
Introduced in House
 Plain-English summary Congressional Research Service

Agricultural Business Security Tax Credit Act of 2004 - Amends the Internal Revenue Code to allow a retailer of agricultural products or a manufacturer, formulator, or distributor of food-use pesticides a business tax credit for up to 50 percent of the cost of protecting certain hazardous chemicals or food-use pesticides from unauthorized access. Sets an annual limit on such credit of $2 million and a per facility limitation of $50,000 (reduced by credits received for the five prior taxable years).

What's happening now June 25, 2004

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1