A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.

This bill, introduced in 2005, proposed extending federal tax credits for five years to facilities that produce electricity from renewable sources such as wind, biomass, and poultry waste. It aimed to make these incentives more flexible by allowing state and local governments, tribal governments, and non-profit organizations to sell their unused tax credits to other entities. For the average citizen, this legislation was designed to encourage the continued development of clean energy infrastructure and lower the financial barriers for public and private organizations to invest in renewable power projects.