Newspaper Incentive Recycling Conservation Act of 1989

[AI summary unavailable — showing source text] Newspaper Incentive Recycling Conservation Act of 1989 - Amends the Internal Revenue Code to deny the use of the accelerated cost recovery system for determining the depreciation deduction for major newspapers that are not using the required percentage of recycled newsprint. Reduces the deduction for trade or business expenses for major newspapers that do not use such required percentage. Establishes an investment tax credit for recycling equipment.…