S 2436 · 106th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to repeal the targeted area limitation on the expense deduction for environmental remediation costs and to extend the termination date of such deduction.

Introduced 2000-04-13· Sponsored by Sen. Abraham, Spencer [R-MI]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2000-04-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the targeted area limitation on the expense deduction for environmental remediation costs and to extend the termination date of such deduction from December 31, 2001, to June 30, 2004.…

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