To amend the Internal Revenue Code of 1986 to allow a credit against tax for certain expenses related to the use of recycled materials in qualified highway or surface freight transfer facilities.
Recycled Highway Product Tax Act of 2005 - Amends the Internal Revenue Code to allow a business tax credit for five percent of the cost of recycled materials used in qualified highway or surface freight transfer facilities. Limits the annual amount of such credit to $15,000.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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