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    <updateDate>2023-01-11T13:29:32Z</updateDate>
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    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2015-10-07</introducedDate>
    <congress>114</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
            <date>2015-10-07T21:06:46Z</date>
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    <relatedBills>
      <item>
        <title>PTC Elimination Act</title>
        <congress>114</congress>
        <number>1901</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2015-04-30</actionDate>
          <text>Sponsor introductory remarks on measure. (CR H2671)</text>
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        <text>Read twice and referred to the Committee on Finance.</text>
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        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>L000575</bioguideId>
        <fullName>Sen. Lankford, James [R-OK]</fullName>
        <firstName>James</firstName>
        <lastName>Lankford</lastName>
        <party>R</party>
        <state>OK</state>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Alternative and renewable resources</name>
        </item>
        <item>
          <name>Electric power generation and transmission</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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      <summary>
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        <actionDate>2015-10-07</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2015-11-16T20:38:24Z</updateDate>
        <text><![CDATA[ <p><strong>PTC Elimination Act </strong></p> <p>This bill repeals the tax credit for producing electricity from renewable resources (e.g., wind, biomass, trash, geothermal or solar energy facilities). The bill also expresses the sense of Congress that such credit should be allowed to expire and should not be extended. </p>]]></text>
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    <title>PTC Elimination Act</title>
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        <titleType>Display Title</titleType>
        <title>PTC Elimination Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to repeal the credit for electricity produced from certain renewable resources.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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        <title>PTC Elimination Act</title>
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        <type>Introduced in Senate</type>
        <date>2015-10-07T04:00:00Z</date>
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    <latestAction>
      <actionDate>2015-10-07</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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