2.311 -Five-Year Amortization of Pollution Control Facilities

Item	Description	FY2011	FY2012	FY2013	FY2014	FY2015
2.311	Five-Year Amortization of Pollution Control Facilities Taxpayers may elect to amortize the cost of a certified pollution control facility over a five-year period, allowing for accelerated recovery of these costs. Accelerated recovery is only available for pollution control facilities subsequently added to plants that were in operation before 1976. The excess of accelerated recovery over depreciation deductions otherwise allowable constitutes a tax expenditure, resulting in a deferral of tax or an interest-free loan. Origin: IRC, S. 169 Estimate: N.A.	N.A.	N.A.	N.A.	N.A.	N.A.

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
M.G.L.	Massachusetts General Laws
U.S.C	United States Code
ESTIMATES	All estimates are in $ millions.