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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: steve who wrote (25343)	12/11/2003 11:27:39 AM
From: steve	Read Replies (1) \| Respond to of 26039

Tax Credit for Security Proposed Dec 09, 2003, WASHINGTON -- A bill has been introduced in the House of Representatives that would amend the tax code to allow businesses a tax credit for the installation of electronic security systems and other security-related expenses. The bill, by Rep. Bill Shuster (R-Pa.), was introduced on Nov. 20, where it was referred to the House Ways and Means Committee. The bill, called the “Prevent Act of 2003” and labeled as HR 3562, would amend the Internal Revenue Code of 1986 to allow a credit for security devices, assessments and other expenses incurred in the name of boosting security. The credit would be 20 percent of the cost of an electronic security device and/or 30 percent of an assessment. The definition of “security device” in the bill ranges from access control and CCTV systems to electronic alarm systems and locks. securitysales.com steve