HR 1304 · 107th Congress 2001โ€“2003, ended

To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.

Latest action · Mar 29, 2001 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 29, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends the Internal Revenue Code to allow businesses a limited reclamation credit of 20 percent of the basis of each qualified reclamation property placed in service during the taxable year. Defines qualified reclamation property as, among other things, qualified recycling property or qualified remanufacturing property.

Cosponsors 37

Members who signed on, in the order they did. Signatures ran from Mar 29, 2001 to Jul 16, 2002; 5 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-NYJohn M. McHughOriginalMar 29, 2001
D-TNJohn S. TannerOriginalMar 29, 2001
D-FLKaren L. ThurmanOriginalMar 29, 2001
D-TXMartin FrostOriginalMar 29, 2001
D-HINeil AbercrombieOriginalMar 29, 2001
D-TNBob ClementApr 4, 2001
D-ILDanny K. DavisApr 4, 2001
R-PAMelissa A. HartApr 4, 2001
D-CALoretta SanchezApr 26, 2001
D-PAMichael F. DoyleMay 16, 2001
D-CABob FilnerMay 17, 2001
R-CAGeorge RadanovichMay 17, 2001
D-NYLouise McIntosh SlaughterJun 5, 2001
D-WVNick J. Rahall IIJun 5, 2001
R-CTRob SimmonsJun 5, 2001

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Mar 29, 2001

Actions 2

Everything that happened, newest first.

  1. Mar 29, 2001Introduced in House
  2. Mar 29, 2001Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Printed hearings 2

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
Serial No. 107-65INTEGRATING PRESCRIPTION DRUGS INTO MEDICARE126 pagesWays and Means CommitteeApr 17, 2002
Serial No. 107-101CREATING A MEDICARE PRESCRIPTION DRUG BENEFIT: ASSESSING EFFORTS TO HELP AMERICA'S LOW-INCOME SENIORS140 pagesEnergy and Commerce CommitteeApr 17, 2002

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Mar 29, 2001Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.