S. 2826 · 111th Congress
Clean Renewable Energy Advancement Tax Extension Jobs Act of 2009
- Stage
- In committee
- Sponsor
- Chuck Grassley
- Introduced
- 2009-12-03
- Latest action
- 2009-12-03 · Introduced in Senate
Summary
Clean Renewable Energy Advancement Tax Extension Jobs Act of 2009 or the CREATE Jobs Act - Amends the Internal Revenue Code to: (1) extend through 2016 the tax credit for producing electricity from wind and open-loop biomass facilities; (2) increase the limitation on the issuance of new clean renewable energy bonds; and (3) extend through 2011 the additional depreciation allowance for certain business assets acquired after 2007.