H.R.5858 - Combating Climate Change Through Individual Action Act of 2008
To amend the Internal Revenue Code of 1986 to provide incentives for carbon sequestration. view all titles (3)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to provide incentives for carbon sequestration. as introduced.
- Short: Combating Climate Change Through Individual Action Act of 2008 as introduced.
- Short: Combating Climate Change Through Individual Action Act of 2008' as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 3
- All-Time: 1,372
|
|
|
|
|
|
|
|
Committees
Official Summary
4/22/2008--Introduced.Combating Climate Change Through Individual Action Act of 2008 - Amends the Internal Revenue Code to allow tax credits for: (1) 30% of carbon sequestration and soil conservation expenditures made by taxpayers engaged in the business of farming; (2) 10% of qualifying pOfficial Summary
4/22/2008--Introduced.Combating Climate Change Through Individual Action Act of 2008 - Amends the Internal Revenue Code to allow tax credits for:
(1) 30% of carbon sequestration and soil conservation expenditures made by taxpayers engaged in the business of farming;
(2) 10% of qualifying planting expenditures, including expenditures for the purchase and planting of any tree, plant, shrub, or bush, and the purchase and installation of a vegetated roof system;
(3) the conversion of cropland to pasture for grazing purposes or to grassland or rangeland; and
(4) certain types of reforestation and afforestation of land.
...Read the Rest

U.S. Congress - H.R.5858 Combating Climate Change Through Individual Action Act of 2008



