legislation: 111-hr-5952

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
111-hr-5952 111 hr 5952 To amend the Internal Revenue Code of 1986 to allow a credit for installation of composite, recyclable power line poles. Taxation 2010-07-29 2010-07-29 Referred to the House Committee on Ways and Means. House Rep. Davis, Danny K. [D-IL-7] IL D D000096 0 Amends the Internal Revenue Code to allow: (1) a 30% qualifying advanced energy project tax credit for investment in utility poles or supports made from composite materials which are comprised of at least 15% recycled materials and are fully recyclable; and (2) a business-related tax credit for a qualified composite pole placed in service after December 31, 2010, and before January 1, 2016. Defines "qualified composite pole" as any pole which is used to support one or more wires to transmit or distribute electricity, which is comprised of not more than 85% virgin materials, and not less than 90% of which can be recycled. 2023-01-11T13:21:50Z  

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