A bill to amend the Internal Revenue Code of 1986 to modify the tax credit for electricity produced from certain renewable resources.
Last action on Jan 25, 2001Read twice and referred to the Committee on Finance.
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Summary
Amends the Internal Revenue Code respecting electricity produced from certain renewable sources to replace the terms "closed-loop biomass" and (qualified ) "closed-loop biomass facility" with the term "biomass" and to define such terms.
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