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S. 411

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to provide credit rate parity for all renewable resources under the electricity production credit.
About This Bill
Committee
Latest Action · January 26, 2007
Read twice and referred to the Committee on Finance.
Congress
110th (2007–2009)
Introduced
January 26, 2007
Sponsor
Sen. Gordon SmithR
Cosponsors (2)
1D 1R
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Summary

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Amends the Internal Revenue Code to eliminate after 2006 the reduction in the rate of the tax credit for electricity produced from open-loop biomass, small irrigation power, landfill gas, trash combustion, and hydropower facilities (thus allowing the same credit rate for all renewable resource facilities).

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