To amend the Internal Revenue Code of 1986 to allow the $25,000 offset for individuals under the passive loss rules to apply to investments in wind energy facilities.
About This Bill
Committee
Latest Action · March 5, 2003
Referred to the House Committee on Ways and Means.
Amend s the Internal Revenue Code to allow the $25,000 passive loss offset for individuals without any income-based phaseout for investments in wind energy facilities. Exempts such wind energy facility offset from the active participation requirement.
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