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S. 3316

BillFederalSenateIn Committee
Corrosion Prevention Act of 2008
About This Bill
Committee
Latest Action · July 23, 2008
Read twice and referred to the Committee on Finance.
Congress
110th (2007–2009)
Introduced
July 23, 2008
Cosponsors (0)
None
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Summary

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Corrosion Prevention Act of 2008 - Amends the Internal Revenue Code to allow a business-related tax credit for 50% of net expenditures for engineering design, materials, and application and installation of corrosion prevention and mitigation technology for depreciable property comprised primarily of metals susceptible to corrosion. Terminates such credit after 2017.

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