HR 4913 · 109th Congress · Taxation

Corrosion Prevention Act of 2006

Introduced 2006-03-09· Sponsored by Rep. Fitzpatrick, Michael G. [R-PA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2006-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Corrosion Prevention Act of 2006 - Amends the Internal Revenue Code to allow a business-related tax credit for 50% of net expenditures for engineering design, materials, and application and installation of corrosion prevention and mitigation technology for depreciable property comprised primarily of metals susceptible to corrosion.…

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

Cosponsors (6)

1 Democrat5 Republicans