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 2010 or the ECOBAG Act of 2010 - 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.
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