3.0.0 8359 2023-01-11T13:44:55Z 2023-01-11T13:44:55Z House HR 2020-09-23 116 [Congressional Record Volume 166, Number 165 (Wednesday, September 23, 2020)][House][Pages H4884-H4885]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MARCHANT:H.R. 8359.Congress has the power to enact this legislation pursuantto the following:U.S. Constitution Art I Sec. 8 cl. 1, under the ``Power Tolay and collect Taxes''; Amd. 16, under the ``power to layand collect taxes on incomes, from whatever source derived,without apportionment among the several States, and withoutregard to any census or enumeration''; and Art. I Sec. 8 cl.18, under the power to ``To make all Laws which shall benecessary and proper for carrying into[[Page H4885]]Execution the foregoing Powers, and all other Powers vestedby this Constitution in the Government of the United States,or in any Department or Officer thereof.']]> hswm00 Ways and Means Committee House Standing Referred to 2020-09-23T13:02:20Z PTC Elimination Act 116 4678 S 2020-09-23 Read twice and referred to the Committee on Finance. Identical bill CRS 2020-09-23 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-09-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-09-23 Introduced in House IntroReferral 1000 9 Library of Congress M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 N P000605 Rep. Perry, Scott [R-PA-10] Scott Perry R PA 10 2020-09-23 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2020-09-29 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2020-11-17 False H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 2020-11-18 False M001205 Rep. Miller, Carol D. [R-WV-3] Carol Miller R WV D. 3 2020-11-18 False C001051 Rep. Carter, John R. [R-TX-31] John Carter R TX R. 31 2020-11-18 False G000568 Rep. Griffith, H. Morgan [R-VA-9] H. Griffith R VA Morgan 9 2020-12-08 False Taxation Alternative and renewable resources Electric power generation and transmission Income tax credits Taxation 00 2020-09-23 Introduced in House 2020-10-26T12:12:55Z PTC Elimination Act

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.

]]> PTC Elimination Act Display Title PTC Elimination Act Short Title(s) as Introduced PTC Elimination Act Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to repeal the credit for electricity produced from certain renewable resources, and for other purposes. Introduced in House IH Introduced in House 2020-09-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8359ih/xml/BILLS-116hr8359ih.xml 2020-09-23 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.