U.S. Congress - H.R.1217 CAFO Tax Credit Act of 2007
H.R.1217 - CAFO Tax Credit Act of 2007
To amend the Internal Revenue Code of 1986 to provide a credit to certain concentrated animal feeding operations for the cost of complying with environmental protection regulations. view all titles (2)
All Bill Titles
- Short: CAFO Tax Credit Act of 2007 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to provide a credit to certain concentrated animal feeding operations for the cost of complying with environmental protection regulations. as introduced.
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Official Summary
2/27/2007--Introduced.CAFO Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow owners or operators of a concentrated animal feeding operation a business-related tax credit, up to $500,000 in a taxable year, for the cost of compliance with a national pollutant discharge elimiOfficial Summary
2/27/2007--Introduced.CAFO Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow owners or operators of a concentrated animal feeding operation a business-related tax credit, up to $500,000 in a taxable year, for the cost of compliance with a national pollutant discharge elimination system permit issued under the Federal Water Pollution Control Act. Terminates such credit after 2014.
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