I 111th CONGRESS 1st Session H. R. 1743 IN THE HOUSE OF REPRESENTATIVES March 26, 2009 Mr. McCarthy of California introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to extend the renewable energy credit, and for other purposes.

1.

Short title

This Act may be cited as the Wind Incentives for a New Decade Energy Act of 2009 or the WIND Energy Act.

2.

Extension of renewable energy credit

(a)

Wind

Paragraph (1) of section 45(d) of the Internal Revenue Code of 1986 is amended by striking January 1, 2013 and inserting January 1, 2020. (b)

Biomass, geothermal, small irrigation, landfill gas, trash, and hydropower

Each of the following provisions of section 45(d) of such Code is amended by striking January 1, 2014 and inserting January 1, 2020: (1)Clauses (i) and (ii) of paragraph (2)(A). (2)Clauses (i)(I) and (ii) of paragraph (3)(A). (3)Paragraph (4). (4)Paragraph (6). (5)Paragraph (7). (6)Subparagraphs (A) and (B) of paragraph (9). (7)Subparagraph (B) of section 45(d)(11). (c)

Credit allowed against alternative minimum tax

Subparagraph (B) of section 38(c)(4) of such Code is amended by striking and at the end of clause (vii), by striking the period at the end of clause (viii) and inserting , and, and by inserting after clause (viii) the following new clause: (ix)the credit determined under section 45.. (d)

Effective date

The amendments made by this section shall apply to electricity produced and sold after the date of the enactment of this Act.