HR 2974 · 94th Congress · Environmental Protection
A bill to amend the Internal Revenue Code of 1954 to provide income tax incentives to improve the economics of recycling wastepaper.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1975-02-06)
Plain Language Summary
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Allows a tax credit under the Internal Revenue Code for the taxable year of $10 for each ton of post-consumer waste paper processed in the United States by the taxpayer during the taxable year into new commercially marketable pulp, paper, paperboard or other similar products.…
Summarized by Claude AI · Non-partisan · For informational purposes only