[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 1459 Introduced in Senate (IS)]







105th CONGRESS
  1st Session
                                S. 1459

    To amend the Internal Revenue Code of 1986 to provide a 5-year 
extension of the credit for producing electricity from wind and closed-
                             loop biomass.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            November 8, 1997

Mr. Grassley (for himself, Mr. Jeffords, Mr. Murkowski, Mr. Conrad, Mr. 
  Harkin, Mr. Kerrey of Nebraska, Mrs. Feinstein, Mrs. Boxer, and Mr. 
   Johnson) introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to provide a 5-year 
extension of the credit for producing electricity from wind and closed-
                             loop biomass.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. 5-YEAR EXTENSION OF CREDIT FOR PRODUCING ELECTRICITY FROM 
              WIND AND BIOMASS.

    Paragraph (3) of section 45(c) of the Internal Revenue Code of 1986 
(defining qualified facility) is amended by striking ``1999'' and 
inserting ``2004''.
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