S. 4104 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to provide credit rate parity for all renewable resources under the electricity production credit.
- Stage
- In committee
- Sponsor
- Gordon Smith
- Introduced
- 2006-12-07
- Latest action
- 2006-12-07 · Introduced in Senate
Summary
Amends the Internal Revenue Code to eliminate after 2006 the reduction in the rate of the tax credit for electricity produced from open-loop biomass, small irrigation power, landfill gas, trash combustion, and hydropower facilities (thus allowing the same credit rate for all renewable resource facilities).