H.R. 5157 · 116th Congress
Renewable Energy Investment Act of 2019
- Stage
- In committee
- Sponsor
- Earl Blumenauer
- Introduced
- 2019-11-19
- Latest action
- 2019-11-19 · Introduced in House
Summary
Renewable Energy Investment Act of 2019
This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.