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Bill proposes new tax breaks for PC recycling

New proposal in Congress would offer a new tax break to companies and individuals if they recycle old computers or monitors.

Headshot of Declan McCullagh
Headshot of Declan McCullagh
Declan McCullagh Former Senior Writer
Declan McCullagh is the chief political correspondent for CNET. You can e-mail him or follow him on Twitter as declanm. Declan previously was a reporter for Time and the Washington bureau chief for Wired and wrote the Taking Liberties section and Other People's Money column for CBS News' Web site.
Declan McCullagh
A new proposal in Congress would offer a new tax break to companies and individuals if they recycle old computers or monitors. Companies would receive a tax credit of $8 per piece of hardware, as long as they recycled at least 5,000 screens or computers a year. Individuals would receive $15 tax credits.

The measure is called the Electronic Waste Recycling and Promotion and Consumer Protection Act and is sponsored by senators Ron Wyden, D-Ore., and Jim Talent, R-Mo. A related proposal in the House of Representatives would take a different approach by levying a new $10-per-unit tax to pay for the costs of recycling.