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There is one summary for this bill. Bill summaries are authored by CRS.

Allows an income tax deduction under the Internal Revenue Code to a taxpayer who elects to treat expenditures paid or incurred by him during the taxable year, in connection with his trade or businesss, for the construction, erection, installation, or acquisition of any certified water pollution control treatment works, as expenses which are not chargeable to capital account. (Adds 26 U.S.C. 183)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows an income tax deduction under the Internal Revenue Code to a taxpayer who elects to treat expenditures paid or incurred by him during the taxable year, in connection with his trade or businesss, for the construction, erection, installation, or acquisition of any certified water pollution control treatment works, as expenses which are not chargeable to capital account. (Adds 26 U.S.C. 183)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows an income tax deduction under the Internal Revenue Code to a taxpayer who elects to treat expenditures paid or incurred by him during the taxable year, in connection with his trade or businesss, for the construction, erection, installation, or acquisition of any certified water pollution control treatment works, as expenses which are not chargeable to capital account. (Adds 26 U.S.C. 183)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows an income tax deduction under the Internal Revenue Code to a taxpayer who elects to treat expenditures paid or incurred by him during the taxable year, in connection with his trade or businesss, for the construction, erection, installation, or acquisition of any certified water pollution control treatment works, as expenses which are not chargeable to capital account. (Adds 26 U.S.C. 183)