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H.R. 5157

BillFederalHouseIn Committee
Renewable Energy Investment Act of 2019
About This Bill
Committee
Latest Action · November 19, 2019
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
November 19, 2019
Sponsor
Rep. Earl BlumenauerD
Cosponsors (9)
9D 0R
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Summary

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Renewable Energy Investment Act of 2019 This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.

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