To amend the Internal Revenue Code of 1986 to allow retail businesses a credit against income tax for a portion of the cost of recycling plastic carry-out bags and certain other types of plastic.
Economic Credit Opportunity for Businesses Acting Green Act of 2008 or the ECOBAG Act of 2008 - Amends the Internal Revenue Code to allow retailers a tax credit for up to 15% of the amount paid to implement an at-store recycling program for one or more types of plastic carry-out bags, film plastic, and other types of plastic specified by Treasury regulations.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line