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- H.R.2691
H.R.2691: To amend the Internal Revenue Code of 1986 to provide additional incentives for facilities producing electricity from wind.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced June 12, 2007
- Latest Major Action June 12, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (7 Democrats, 2 Republicans)
Bill Summary
Amends the Internal Revenue Code to allow: (1) individual taxpayers investing in wind facilities used to produce electricity an exemption of up to $40,000 from limitations on passive activity losses and credits; and (2) tax credit amounts for producing electricity from wind facilities to offset alternative minimum tax liability.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 12, 2007 |
Introduced in the House by Tim Walz (D-Minn.) |