A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes.

3.0.0 425 2023-01-11T20:04:39Z 2023-01-11T20:04:39Z Senate S S 2007-01-29 110 ssfi00 Finance Committee Senate Standing Referred to 2007-01-29T22:13:37Z 2007-01-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1292) IntroReferral 2007-01-29 Sponsor introductory remarks on measure. (CR S1292) IntroReferral B00100 9 Library of Congress 2007-01-29 Introduced in Senate IntroReferral 10000 9 Library of Congress S001142 Sen. Smith, Gordon H. [R-OR] GORDON SMITH R OR H. N W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2007-01-29 True Taxation Alternative energy sources Energy Estuaries Hydroelectric power Income tax Marine and coastal resources, fisheries Ocean currents Ocean energy resources Tax credits Water Resources Development Taxation

00 2007-01-29 Introduced in Senate 2007-02-09T15:15:20Z Amends the Internal Revenue Code to include kinetic hydropower as a renewable resource eligible for the tax credit for electricity produced from certain renewable resources. Defines "kinetic hydropower" as: (1) ocean free flowing water derived from flows from tidal currents, ocean currents, waves, or estuary currents; (2) ocean thermal energy; or (3) free flowing water in rivers, lakes, man made channels, or streams.

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A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes. Introduced in Senate IS Display Title A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes. Introduced in Senate 2007-01-29T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s425is/xml/BILLS-110s425is.xml 2007-01-29 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1292) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.