[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 2143 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 2143

To amend the Internal Revenue Code of 1986 to clarify that paper which 
 is commonly recycled does not constitute a qualified energy resource 
   under the section 45 credit for renewable electricity production.


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                   IN THE SENATE OF THE UNITED STATES

                           February 29, 2012

 Ms. Stabenow 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 clarify that paper which 
 is commonly recycled does not constitute a qualified energy resource 
   under the section 45 credit for renewable electricity production.

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

SECTION 1. EXCLUSION OF PAPER WHICH IS COMMONLY RECYCLED FROM 
              DEFINITION OF MUNICIPAL SOLID WASTE.

    (a) In General.--Section 45(c)(6) of the Internal Revenue Code of 
1986 is amended by inserting ``, except that such term does not include 
paper which is commonly recycled'' after ``(42 U.S.C. 6903)''.
    (b) Effective Date.--The amendment made by this section shall apply 
to electricity produced and sold after the date of the enactment of 
this Act, in taxable years ending after such date.
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