S.1587 - Recycling Investment Saves Energy

A bill to amend the Internal Revenue Code to allow a special depreciation allowance for reuse and recycling property and to provide for tax-exempt financing of recycling equipment, and for other purposes. view all titles (3)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code to allow a special depreciation allowance for reuse and recycling property and to provide for tax-exempt financing of recycling equipment, and for other purposes. as introduced.
  • Short: Recycling Investment Saves Energy as introduced.
  • Short: RISE Act as introduced.

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  • Past Seven Days: 10
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House
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President
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06/10/07
 
 
 
 
 
 
 

Official Summary

6/11/2007--Introduced.Recycling Investment Saves Energy or the RISE Act - Amends the Internal Revenue Code to allow: (1) a first-year tax deduction of 50% of the adjusted basis of qualified reuse and recycling property; and (2) tax-exempt bond financing for recycling facilities. Defines &q

Official Summary

6/11/2007--Introduced.
Recycling Investment Saves Energy or the RISE Act - Amends the Internal Revenue Code to allow:
(1) a first-year tax deduction of 50% of the adjusted basis of qualified reuse and recycling property; and
(2) tax-exempt bond financing for recycling facilities. Defines "qualified reuse and recycling property" as property placed in service after December 31, 2006, which has a useful life of at least five years and which is used exclusively to collect, distribute, or recycle certain scrap materials.


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Recent News Coverage

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06/11/07
ISRI Applauds RISE Act Introduction

... Inc. (ISRI) today commended Senators Olympia Snow (R-ME) and Tom Carper (D-DE) for introducing S. 1587, the Recycling Investment Saves Energy (RISE) ...

Source: Earthtimes.org
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Recent Blog Coverage

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08/04/09
S.1587: A bill for the relief of Sainey H. Fatty. - U.S. Congress ...

Official government data, breaking news and blog coverage, public comments and user community for S.1587 A bill for the relief of Sainey H. Fatty. ... S. 1587 [110th]: Recycling Investment Saves Energy (GovTrack.us). 10 Jun 2007. Source: GovTrack.us Tracke

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06/19/08
Using Federal Government Contracting to Grow Your Business

For example, the expected changes in the current Senate Procurement Bill (S. 1587) include no CBD notices for contracts less than $100,00 if electronic commerce (Bulletin Boards) exists, small business provisions aimed at encouraging ...

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08/12/07
Using Federal Government Contracting to Grow Your Business

For example, the expected changes in the current Senate Procurement Bill (S. 1587) include no CBD notices for contracts less than $100,00 if electronic commerce (Bulletin Boards) exists, small business provisions aimed at encouraging ...

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