Environmental Justice Act of 2016
Last action on Feb 26, 2016Referred to the House Committee on Ways and Means.
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Summary
Environmental Justice Act of 2016
This bill amends the Internal Revenue Code to allow a credit against the employment taxes of a tax-exempt organization equal to 40% of amounts paid or incurred by such organization to support environmental justice communities or projects. The limit on the amount of such credit for a calendar year is $10,000.
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