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- S.542
S.542: A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced March 7, 2005
- Latest Major Action March 7, 2005
Bill Sponsor
Bill Cosponsors
6 (6 Democrats, 1 Republican)
Bill Summary
Amends the Internal Revenue Code to: (1) extend through 2010 the tax credit for electricity produced from certain renewable resources (e.g., wind, biomass, poultry waste); (2) allow certain organizations, including tax-exempt organizations, State and local governments, and Indian tribal governments, to sell unused amounts of such tax credit.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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March 7, 2005 |
Introduced in the Senate by Byron L. Dorgan (D-N.D.) |