H.R.2007: To amend the Internal Revenue Code of 1986 to allow the $25,000 offset for individuals under the passive loss rules to apply to investments in wind energy facilities.

About This Bill

Bill Cosponsors

2 (2 Democrats, 1 Republican)

Bill Summary

Amends the Internal Revenue Code to exempt investors in wind energy facilities from the income-based phaseout of the $25,000 offset for individuals under rules limiting passive activity losses and credits.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 28, 2005

Introduced in the House by Collin C. Peterson (D-Minn.)

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