Summary: H.R.4434 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.4434. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/11/1992)

Paper Recycling Act of 1992 - Amends the Internal Revenue Code to impose an excise tax of four percent on the sale by the manufacturer, producer, or importer of any designated paper product that does not meet applicable minimum recycled content standards. Provides a higher tax on products which fail to satisfy the applicable standard and one or more levels below such standard.

Allows a business-related tax credit for the production of high recycled content paper.

Amends the Solid Waste Disposal Act to establish minimum recycled content standards for paper products for 1993 through 2004 and thereafter.