H.R. 5952, The Police and Fire Station Modernization Act of 2008

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on June 3, 2008, 19:31:00, by webmaster:

H.R. 5952 would amend the Internal Revenue Code of 1986 to authorize tax credit bonds for capital improvements for police and fire departments.

Detailed Summary

Police and Fire Station Modernization Act of 2008 - Amends the Internal Revenue Code to allow a tax credit for investment in bonds to finance capital expenditures for state and local police or fire departments. Terminates such credit after 2014.

Status of the Legislation

Latest Major Action: 5/1/2008: Referred to House committee. Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Points in Favor

(Log in to edit the wiki and be the first to show why the bill should pass!)

Points Against

(Log in to edit the wiki and be the first to show why the bill should not pass!)

« Return to Revision History.