To amend the Internal Revenue Code of 1986 to treat any business credit attributable to wind, solar, or biomass electricity production and investment in solar energy property as refundable to the extent the taxpayer makes new wind, solar, and other renewable energy investments.

3.0.0 5372 2023-01-11T13:20:08Z 2023-01-11T13:20:08Z House H HR 2010-05-24 111 hswm00 Ways and Means Committee House Standing Referred to 2010-05-24T16:31:35Z 2010-05-24 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-05-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-05-24 Introduced in House IntroReferral 1000 9 Library of Congress M001148 Rep. Meek, Kendrick B. [D-FL-17] Kendrick Meek D FL B. 17 N P000422 Rep. Pomeroy, Earl [D-ND-At Large] EARL POMEROY D ND 0 2010-05-24 True N000181 Rep. Nunes, Devin [R-CA-21] Devin Nunes R CA 21 2010-05-24 True B001231 Rep. Berkley, Shelley [D-NV-1] SHELLEY BERKLEY D NV 1 2010-05-27 False Taxation Alternative and renewable resources Business investment and capital Electric power generation and transmission Income tax credits Taxation

00 2010-05-24 Introduced in House 2010-06-29T21:10:04Z Amends the Internal Revenue Code to allow an election to treat business-related tax credits for the production of electricity from wind, solar, or biomass facilities and for investment in solar energy property as refundable in taxable years beginning in 2010 or 2011. Provides that credit amounts shall not exceed the basis of renewable energy facilities placed in service in the subsequent taxable year.

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To amend the Internal Revenue Code of 1986 to treat any business credit attributable to wind, solar, or biomass electricity production and investment in solar energy property as refundable to the extent the taxpayer makes new wind, solar, and other renewable energy investments. Display Title To amend the Internal Revenue Code of 1986 to treat any business credit attributable to wind, solar, or biomass electricity production and investment in solar energy property as refundable to the extent the taxpayer makes new wind, solar, and other renewable energy investments. Official Title as Introduced To amend the Internal Revenue Code of 1986 to treat any business credit attributable to wind, solar, or biomass electricity production and investment in solar energy property as refundable to the extent the taxpayer makes new wind, solar, and other renewable energy investments. Introduced in House IH Introduced in House 2010-05-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5372ih/xml/BILLS-111hr5372ih.xml 2010-05-24 Referred to the House Committee on Ways and Means. 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.