Agricultural Business Security Tax Credit Act of 2007
Latest action · Feb 12, 2007 Read twice and referred to the Committee on Finance.
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.
- IntroducedFeb 12, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Agricultural Business Security Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow a retailer of agricultural products and chemicals or a manufacturer, formulator, or distributor of certain pesticides a business tax credit for 30 percent of costs for or related to the protection of such chemicals or pesticides, including employee security training and background checks, installation of security equipment, and computer network safeguards. Sets a $2 million annual limit on such credit and a per facility limitation of $100,000 (reduced by credits received for the five prior taxable years). Terminates such credit after 2012.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Feb 12, 2007 to Jul 12, 2007, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NE | Ben Nelson | Original | Feb 12, 2007 |
| R-GA | Johnny Isakson | Original | Feb 12, 2007 |
| R-MS | Thad Cochran | Apr 18, 2007 | |
| R-NE | Chuck Hagel | Jul 12, 2007 |
Actions 2
Everything that happened, newest first.
- Feb 12, 2007Introduced in Senate
- Feb 12, 2007Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 544 | Agricultural Business Security Tax Credit Act of 2007 | Related bill | Feb 12, 2007 |
| HR 1814 | Agricultural Business Security Tax Credit Act of 2007 | Related bill | Mar 30, 2007 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Agribusiness
- Agricultural chemicals
- Agriculture and Food
- Chemical industries
- Commerce
- Computer security measures
- Costs
- Employee training
- Environmental Protection
- Fertilizers
- Income tax
- Industrial buildings
- Labor and Employment
- Lighting
- Pesticides
- Science, Technology, Communications
- Security measures
- Tax credits
- Taxation
- Video tape recording
Text 1
Each version as it was printed, newest first.
- Feb 12, 2007Introduced in Senate
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.