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S. 3438

BillFederalSenateIn Committee
Clean Transmission for Rural Communities Act of 2010
About This Bill
Committee
Latest Action · May 27, 2010
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4540)
Congress
111th (2009–2011)
Introduced
May 27, 2010
Cosponsors (5)
4D 1R
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Summary

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Clean Transmission for Rural Communities Act of 2010 - Amends the Internal Revenue Code to allow: (1) the issuance of clean renewable energy bonds to interconnect energy facilities to high-voltage transmission lines; and (2) the issuance of tax-exempt facility bonds to finance a qualified electric transmission facility. Defines "qualified electric transmission facility" as a state-owned electric transmission facility which operates primarily to interconnect one or more renewable energy facilities to a high-voltage transmission line.

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