110-H.R.3276

To amend the Internal Revenue Code of 1986 to deny refinery expensing to owners of refineries that are permitted to increase the discharge of pollutants into the Great Lakes.

8/1/2007--Introduced.

Bad Polluters Act of 2007 - Amends the Internal Revenue Code to deny to a Great Lakes Polluter the taxpayer election to expense 50% of the cost of refinery property in the current taxpayer year. Defines "Great Lakes Polluter" as a refinery owner that holds a permit issued by the Environmental Protection Agency (EPA) to discharge a certain level of pollutants into the Great Lakes.

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