S. 285 · 110th Congress
CAFO Tax Credit Act
- Stage
- In committee
- Sponsor
- Chuck Hagel
- Introduced
- 2007-01-12
- Latest action
- 2007-01-12 · Introduced in Senate
Summary
CAFO Tax Credit Act - Amends the Internal Revenue Code to allow owners or operators of a concentrated animal feeding operation a business-related tax credit, up to $500,000 in a taxable year, for the cost of compliance with a national pollutant discharge elimination system permit issued under the Federal Water Pollution Control Act. Terminates such credit after 2010.