3.0.0 3634 2023-01-11T13:21:43Z 2023-01-11T13:21:43Z Senate S S 2010-07-22 111 ssfi00 Finance Committee Senate Standing Referred to 2010-07-22T20:20:46Z 111 5839 HR 2010-07-22 Referred to the House Committee on Ways and Means. Identical bill CRS 2010-07-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2010-07-22 Introduced in Senate IntroReferral 10000 9 Library of Congress B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS N U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2010-07-22 True Taxation Alternative and renewable resources Energy efficiency and conservation Income tax exclusion Public utilities and utility rates Taxation

00 2010-07-22 Introduced in Senate 2010-09-02T19:40:11Z Amends the Internal Revenue Code, with respect to the income tax exclusion for energy conservation subsidies, to define "subsidy" to include amounts received by a customer from a public utility to: (1) pay for electricity generated from an energy conservation measure under a net metering or net billing program; or (2) pay for renewable energy credits attributable to an energy conservation measure. Limits the excludable amount of any subsidy for renewable energy credits to $2,000 times the whole number of years worth of renewable energy credits that are sold by the customer.

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Display Title Official Title as Introduced Introduced in Senate IS Introduced in Senate 2010-07-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3634is/xml/BILLS-111s3634is.xml 2010-07-22 Read twice and referred to the Committee on Finance. 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.