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P2 Tax Credit

The Indiana Clean Manufacturing Technology Institute and its consultants 
first proposed P2 Tax Credit legislation in 1995 and it has been introduced 
three times since, but has not been adopted by the state legislature.  We 
intend to discuss the topic with a legislative committee this summer.

Does any state currently have P2 Tax Credit legislation that provides 
corporate income tax credit for verified, implemented P2 strategies that 
resulted in reduced toxics used and/or wastes generated?  If so, do data 
exist showing increased tax revenues to the state (from product sales, 
business expansion, etc.) as a result of the P2 tax credit?

Thank you for your attention to this request for information.

Lynn A. Corson, Ph.D., Director
Indiana Clean Manufacturing Technology
   and Safe Materials Institute
Purdue University, School of Civil Engineering
2655 Yeager Road,  Suite 103
West Lafayette, IN  47906
Phone:  765-463-4749
Fax:   765-463-3795
E-mail:  corson@purdue.edu
Web:  http://www.ecn.purdue.edu/CMTI

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