HR 3592 · 111th Congress · Taxation

Plastics Recycling Act of 2009

Introduced 2009-09-17· Sponsored by Rep. Pascrell, Bill, Jr. [D-NJ-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Energy and Environment.(2009-09-21)

Plain Language Summary

[AI summary unavailable — showing source text] Plastics Recycling Act of 2009 - Amends the Internal Revenue Code to allow a business-related tax credit equal to 60 cents per gallon of qualified synthetic oil produced from recycled waste plastics. Defines "qualified synthetic oil" as oil derived from post-consumer and post-industrial waste plastics and which has a minimum market value of 90% of crude oil. Directs the Secretary of the Treasury to make grants to persons eligible for the waste plastic recycling tax credit provided by this Act in lieu of such credit.…

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

Cosponsors (16)

14 Democrats2 Republicans
Rep. Reichert, David G. [R-WA-8]WA
Del. Christensen, Donna M. [D-VI-At Large]VI
Rep. Jackson-Lee, Sheila [D-TX-18]TX
Rep. Hastings, Alcee L. [D-FL-23]FL
Rep. Massa, Eric J. J. [D-NY-29]NY
Rep. Wu, David [D-OR-1]OR
Rep. Schrader, Kurt [D-OR-5]OR
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Minnick, Walter [D-ID-1]ID
Rep. Payne, Donald M. [D-NJ-10]NJ
Rep. Sestak, Joe [D-PA-7]PA
Rep. Larson, John B. [D-CT-1]CT
Rep. Wilson, Joe [R-SC-2]SC
Rep. DeFazio, Peter A. [D-OR-4]OR
Rep. Berkley, Shelley [D-NV-1]NV
Rep. Dicks, Norman D. [D-WA-6]WA