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H.R. 3997

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to extend the deduction for expensing of environmental remediation costs.
About This Bill
Committee
Latest Action · February 9, 2012
Referred to the House Committee on Ways and Means.
Congress
112th (2011–2013)
Introduced
February 9, 2012
Cosponsors (0)
None
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Summary

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Amends the Internal Revenue Code to extend through 2013 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for the abatement or control of hazardous substances at a qualified contaminated site).

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