To amend the Internal Revenue Code of 1986 to treat recycling facilities like solid waste disposal facilities under the tax-exempt bond rules and to provide a credit for investment in remanufacturing equipment used to produce certain recycled products.
National Recyclable Commodities Financing Act of 1990 - Amends the Internal Revenue Code to allow the issuance of tax-exempt facility bonds for qualified recycling facilities. Exempts such government-owned facilities from a volume cap.
Allows an investment tax credit for remanufacturing equipment used to produce certain recycled paper or rubber products.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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