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HR 2812 110th Congress House Taxation Air pollution control Bonds Environmental Protection Environmental technology Equipment and supplies Finance and Financial Sector Income tax Science, Technology, Communications Sewerage Water pollution control

Clean Air and Water Investment Act of 2007

Introduced: June 21, 2007 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 21, 2007
Referred to the House Committee on Ways and Means.
Jun 21, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Clean Air and Water Investment Act of 2007 - Amends the Internal Revenue Code to include air and water pollution control facilities among the projects for which tax exempt facility bonds may be issued.

Defines such facilities as any property: (1) to be used to abate or control water or atmospheric pollution or contamination by removing, altering, disposing, or storing pollutants, contaminants, wastes, or heat; (2) which is either land or of a character subject to the allowance for depreciation; and (3) that a federal, state, or local agency has certified is designed for abating or controlling atmospheric or water pollution or for meeting local requirements for controlling such pollution. Provides that a water pollution control facility includes the necessary intercepting sewers, pumping, power, and other equipment, and their appurtenances.

Makes this Act applicable to bonds issued after December 31, 2006.

What's happening now June 21, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1