[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 2453 Introduced in Senate (IS)]







105th CONGRESS
  2d Session
                                S. 2453

  To amend the Internal Revenue Code of 1986 to extend the credit for 
        producing electricity from certain renewable resources.


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                   IN THE SENATE OF THE UNITED STATES

                           September 9, 1998

   Mr. Roth introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

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                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the credit for 
        producing electricity from certain renewable resources.

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

SECTION 1. EXTENSION OF CREDIT FOR PRODUCING ELECTRICITY FROM CERTAIN 
              RENEWABLE RESOURCES.

    (a) Credit for Producing Electricity From Poultry Waste.--Section 
45(c)(1) of the Internal Revenue Code of 1986 (defining qualified 
energy resources) is amended by striking ``and'' at the end of 
subparagraph (A), by striking the period at the end of subparagraph (B) 
and inserting ``, and'', and by adding at the end the following:
                    ``(C) poultry waste.''
    (b) Extension of Placed in Service Date.--Section 45(c)(3) of the 
Internal Revenue Code of 1986 (defining qualified facility) is amended 
by striking ``1999'' and inserting ``2004''.
    (c) Effective Date.--The amendments made by this section shall 
apply to facilities placed in service after the date of the enactment 
of this Act.
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