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          <title>WashingtonWatch.com - S. 3316, The Corrosion Prevention Act of 2008</title>
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<title>Revision by webmaster (August 13, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3316.html?rev=29636</link>
<description>&lt;p&gt;S. 3316 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.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Corrosion Prevention Act of 2008 - 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.&lt;/p&gt;


&lt;!--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. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/23/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- 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. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">29636@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 13 Aug 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 24, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3316.html?rev=28064</link>
<description>&lt;p&gt;S. 3316 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.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--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. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- 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. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">28064@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 24 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 24, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_3316.html?rev=28065</link>
<description>&lt;p&gt;S. 3316 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.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--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. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/23/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- 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. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">28065@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 24 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Status as of July 23, 2008</title>
<link>http://www.washingtonwatch.com/bills/show/110_SN_3316.html</link>
<description>7/23/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.</description>
<guid isPermaLink="false">38004@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 23 Jul 2008 00:00:00 EDT</pubDate>
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