[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 1246 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                S. 1246

To amend the Internal Revenue Code of 1986 to revise the definition of 
    municipal solid waste for purposes of the renewable electricity 
                           production credit.


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                   IN THE SENATE OF THE UNITED STATES

                              May 7, 2015

  Ms. Stabenow (for herself and Mr. Boozman) 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 revise the definition of 
    municipal solid waste for purposes of the renewable electricity 
                           production credit.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting America's Paper for 
Recycling Act''.

SEC. 2. REVISING DEFINITION OF MUNICIPAL SOLID WASTE UNDER THE 
              RENEWABLE ELECTRICITY PRODUCTION CREDIT.

    (a) In General.--Paragraph (6) of section 45(c) of the Internal 
Revenue Code of 1986 is amended by striking ``does not include'' and 
all that follows through the period and inserting the following: ``does 
not include--
                    ``(A) paper which is commonly recycled and which 
                has been segregated from other solid waste (as so 
                defined), or
                    ``(B) solid waste (as so defined) which is 
                collected as part of a system which includes materials 
                recovery and which commingles commonly recycled paper 
                with other solid waste which is not commonly recycled 
                at any point from the time of collection through 
                materials recovery.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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