S. 1094 · 111th Congress

REAP Act

Stage
In committee
Sponsor
Ron Wyden
Introduced
2009-05-20
Latest action
2009-05-20 · Introduced in Senate

Summary

Renewable Energy Alternative Production Act or the REAP Act - Amends the Internal Revenue Code to allow: (1) a new tax credit for the production of non-electric energy from renewable resources; (2) an energy tax credit for investment in property used to replace non-electric energy at the production site for such energy; and (3) new clean renewable energy bond financing for renewable non-electiric energy production property.