http://www.washingtonwatch.com/bills info@washingtonwatch.com http://www.pjdoland.com/chai/?v=0.1 http://www.washingtonwatch.com/bills/show/110_HR_1770.html#33810 This bill would assure the integrity of the offshore pipeline infrastructure which is critical to our energy future in the short term and way beyond oil. With offshore alternate energy initiatives, wind, wave, tidal geothermal etc we must have a way to send and receive power, and critrical supplies. Given that many of these alternate sources will piggyback the old oil and gas infrastructure it makes sense to keep them serviceable. A positive tax incentive now would ensure the survival of this vast energy infrastructure. Failure to enforce current regulations will lead to a catastrophic failure rate in these failities which are already stretched to the limit. Refer my article World Pipelines Magazine April 2008 page 16. I vote a resounding yes.... 33810@http://www.washingtonwatch.com Sun, 04 May 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/history/110_HR_1770.html?rev=6729 <p>H.R. 1770 would amend the Internal Revenue Code of 1986 to encourage the use of corrosion prevention and mitigation measures in the construction and maintenance of business property.</p> <h2 id="toc0"> Detailed Summary </h2> <p>Corrosion Prevention Act of 2007 - Amends the Internal Revenue Code to allow a business-related tax credit for 50% of net expenditures for engineering design, materials, and application and installation of corrosion prevention and mitigation technology for depreciable property comprised primarily of metals susceptible to corrosion. Terminates such credit after 2017.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc1"> Status of the Legislation </h2> <p>Latest Major Action: 3/29/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc2"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc3"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 6729@http://www.washingtonwatch.com Thu, 02 Aug 2007 00:00:00 EDT http://www.washingtonwatch.com/bills/history/110_HR_1770.html?rev=6730 <p>H.R. 1770 would amend the Internal Revenue Code of 1986 to encourage the use of corrosion prevention and mitigation measures in the construction and maintenance of business property.</p> <h2 id="toc4"> Detailed Summary </h2> <p>Corrosion Prevention Act of 2007 - Amends the Internal Revenue Code to allow a business-related tax credit for 50% of net expenditures for engineering design, materials, and application and installation of corrosion prevention and mitigation technology for depreciable property comprised primarily of metals susceptible to corrosion. Terminates such credit after 2017.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc5"> Status of the Legislation </h2> <p>Latest Major Action: 3/29/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc6"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc7"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 6730@http://www.washingtonwatch.com Thu, 02 Aug 2007 00:00:00 EDT http://www.washingtonwatch.com/bills/show/110_HR_1770.html 7/11/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. 27763@http://www.washingtonwatch.com Wed, 11 Jul 2007 00:00:00 EDT http://www.washingtonwatch.com/bills/show/110_HR_1770.html 3/29/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means. 19361@http://www.washingtonwatch.com Thu, 29 Mar 2007 00:00:00 EDT