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S 1120 99th Congress Senate Taxation Beverage containers Beverages Environmental Protection Food and Food Industry Income tax Recycling of waste products Refuse and refuse disposal Tax deductions

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for additions to reserves for refunds of beverage container deposits.

Introduced: May 9, 1985 See on congress.gov
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 13, 1985
Committee on Finance requested executive comment from Treasury Department.
May 9, 1985
Read twice and referred to the Committee on Finance.
May 9, 1985
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow a wholesale distributor of beverages to deduct a reasonable addition to a reserve fund for refunds of beverage container deposits. Directs the Secretary of the Treasury to promulgate regulations which will limit the amount of the deduction allowable for the first year the taxpayer elects such procedure and specify the time and manner for such election. Makes such an election applicable to all subsequent taxable years unless the Secretary consents to a revocation of such election.

What's happening now May 13, 1985

Committee on Finance requested executive comment from Treasury Department.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · May 9, 1985
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1120: A bill to amend the Internal Revenue Code of 1954 to allow a deduction for additions to reserves for refunds of beverage container deposits.. 99th Congress. Open America. https://openamerica.io/bill/99-S-1120/
MLA
"S. 1120: A bill to amend the Internal Revenue Code of 1954 to allow a deduction for additions to reserves for refunds of beverage container deposits.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-S-1120/.
Bluebook (legal)
S. 1120, 99th Cong. (2026), https://openamerica.io/bill/99-S-1120/.
Markdown link
[S. 1120: A bill to amend the Internal Revenue Code of 1954 to allow a deduction for additions to reserves for refunds of beverage container deposits.](https://openamerica.io/bill/99-S-1120/)
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