3.0.0 1753 2023-01-11T19:50:00Z 2023-01-11T19:50:00Z House H HR 2007-03-29 110 hswm00 Ways and Means Committee House Standing Referred to 2007-03-29T14:00:45Z Brownfields Redevelopment Promotion Act 110 3897 HR 2007-10-18 Referred to the House Committee on Ways and Means. Related bill CRS Brownfield Redevelopment Tax Incentive Act of 2007 110 3984 HR 2007-10-29 Referred to the House Committee on Ways and Means. Related bill CRS 2007-03-30 Sponsor introductory remarks on measure. (CR E723) IntroReferral B00100 9 Library of Congress 2007-03-29 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-03-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-03-29 Introduced in House IntroReferral 1000 9 Library of Congress W000273 Rep. Weller, Jerry [R-IL-11] GERALD WELLER R IL C. 11 N B000287 Rep. Becerra, Xavier [D-CA-31] XAVIER BECERRA D CA 31 2007-03-29 True Taxation Environmental Protection Hazardous wastes Income tax Law Liability for environmental damages Tax deductions Taxation 00 2007-03-29 Introduced in House 2007-04-12T20:15:47Z Amends the Internal Revenue Code to: (1) make permanent the current year tax deduction (expensing) for environmental remediation costs; and (2) repeal requirements for the recapture upon sale of such deduction as ordinary income.

]]> To amend the Internal Revenue Code of 1986 to make the expensing of environmental remediation costs permanent law and to repeal the recapture of such expenses under section 1245 of such Code. Official Title as Introduced To amend the Internal Revenue Code of 1986 to make the expensing of environmental remediation costs permanent law and to repeal the recapture of such expenses under section 1245 of such Code. Introduced in House IH Display Title To amend the Internal Revenue Code of 1986 to make the expensing of environmental remediation costs permanent law and to repeal the recapture of such expenses under section 1245 of such Code. Introduced in House 2007-03-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr1753ih/xml/BILLS-110hr1753ih.xml 2007-03-30 Sponsor introductory remarks on measure. (CR E723) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.