HR 17052 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to extend and liberalize the amortization provisions for pollution control facilities.

Introduced 1974-10-03· Sponsored by Rep. Heinz, John [R-PA-18]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-10-03)

Plain Language Summary

[AI summary unavailable — showing source text] Allows the amortization deduction over 36 months for certified pollution control expenditures. Defines such expenditures for purposes of this Act. Prohibits the amortization of such expenditures if the pollution treatment recovers wastes for profit.…

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