Introduced
by
To authorize tax credits for the costs incurred by businesses for "environmental stewardship products," defined in the bill as “any new manufactured product or substantially improved existing product that has a reduced adverse effect on human health and the environment compared to existing or competing products that serve the same purpose.” The credits would only apply if the Single Business Tax (which is eliminated as of the end of 2007) is replaced by another business tax, and would equal 25 percent of the equipment costs and 100 percent of the job training costs of adopting such products.
Referred to the Committee on Tax Policy
