S. 3316 · 110th Congress
Corrosion Prevention Act of 2008
- Stage
- In committee
- Sponsor
- Sherrod Brown
- Introduced
- 2008-07-23
- Latest action
- 2008-07-23 · Introduced in Senate
Summary
Corrosion Prevention Act of 2008 - Amends the Internal Revenue Code to allow a business-related tax credit for 50% of net expenditures for engineering design, materials, and application and installation of corrosion prevention and mitigation technology for depreciable property comprised primarily of metals susceptible to corrosion. Terminates such credit after 2017.