S 1885 · 101th Congress · Taxation

National Recyclable Commodities Financing Act of 1989

Introduced 1989-11-15· Sponsored by Sen. Gore, Albert, Jr. [D-TN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1989-11-15)

Plain Language Summary

[AI summary unavailable — showing source text] National Recyclable Commodities Financing Act of 1989 - Amends the Internal Revenue Code to allow the issuance of tax-exempt facility bonds for qualified recycling facilities. Exempts such government-owned facilities from a volume cap. Allows an investment tax credit for certain remanufacturing equipment.…

Summarized by Claude AI · Non-partisan · For informational purposes only