Corrosion Prevention Act of 2009. HR 3462. Energy Industry Tax Credit for Corrosion Control 50% tax credit for energy industry that employ corrosion control technologies Activities must exceed federal, state, or local requirements. Tax Credit Applies to All Major Energy Sources .
50% tax credit applies to:
50% tax credit applies to all energy industry:
50% tax credit applies to corrosion control expenditures for:
50% tax credit applies to leading corrosion control technologies:
Corrosion resistant metals
Tax credit shall apply for 2 years beginning on the date of its enactment.
Rep. Kevin Brady (R-TX08) - sponsor
Rep. Mike Conaway (R-TX11) – original cosponsor
Rep. Betty Sutton (D-OH13) – original cosponsor
John Culberson (R-TX07) – original cosponsor