H.R.4916 - Landfill Reduction Act of 2000106th Congress (1999-2000)
|Sponsor:||Rep. Rohrabacher, Dana [R-CA-45] (Introduced 07/20/2000)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/20/2000 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.4916 — 106th Congress (1999-2000)All Information (Except Text)
Landfill Reduction Act of 2000 - Amends the Internal Revenue Code to require the aggregate cost taken into account for purposes of allowing a deduction of costs pertaining to section 179 (relating to expensing depreciable business assets) property to be at least equal to the lesser of: (1) $500,000; or (2) the cost of such property which is qualified reusable pallet and container property placed in service during the taxable year.
Introduced in House (07/20/2000)
Makes this Act inapplicable to any taxable year beginning after December 31, 2008.