PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Ways and Means.
Congressional Research Service
Version 00 · Introduced in House · Jun 8, 1995
Amends the Internal Revenue Code to establish an environmental remediation credit program that allows businesses a credit for 40 percent of the costs incurred for: (1) environmental remediation with respect to any qualified contaminated site; and (2) an approved environmental remediation plan. Requires the Secretary of Housing and Urban Development to designate States for participation in the credit program. Establishes the overall credit limitation and provides for its allocation among eligible States. Allows the issuance of tax-exempt bonds for qualified contaminated site remediation, with limitations.
People & committees
Rep. English, Phil [R-PA-21] · R–PA
Legislative record
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Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 7, 2024. Consult Congress.gov for the current record.
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