HR 1770 · 110th Congress · Taxation
Corrosion Prevention Act of 2007
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2007-03-29)
Plain Language Summary
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Corrosion Prevention Act of 2007 - 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. Terminates such credit after 2017.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (8)
2 Democrats6 Republicans