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H.R. 3838

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to provide a consumer renewable credit for utilities that sell intermittent renewable power.
About This Bill
Committee
Latest Action · January 10, 2014
Referred to the Subcommittee on Energy and Power.
Congress
113th (2013–2015)
Introduced
January 9, 2014
Cosponsors (1)
1D 0R
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Summary

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Amends the Internal Revenue Code to: (1) allow a new business-related tax credit for sales by an electric utility, prior to January 1, 2020, of renewable electricity generated by a facility using wind or solar energy to a retail customer; and (2) allow payments to such utilities, in lieu of such tax credit, for sales of renewable electricity to retail customers prior to January 1, 2020.

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