Section 1 Short title
This Act may be cited as the “Protecting America’s Paper for Recycling Act”.
Protecting America’s Paper for Recycling Act
A BILL
To amend the Internal Revenue Code of 1986 to revise the definition of municipal solid waste for purposes of the renewable electricity production credit.
Sec. 2 Revising definition of municipal solid waste under the renewable electricity production credit
In general— Paragraph (6) of section 45(c) of the Internal Revenue Code of 1986 is amended by striking “does not include” and all that follows through the period and inserting the following:
“(A) paper which is commonly recycled and which has been segregated from other solid waste (as so defined), or
“(B) solid waste (as so defined) which is collected as part of a system which includes materials recovery and which commingles commonly recycled paper with other solid waste which is not commonly recycled at any point from the time of collection through materials recovery.”
Effective date— The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.