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- S.870
S.870: A bill to amend the Internal Revenue Code of 1986 to expand the credit for renewable electricity production to include electricity produced from biomass for on-site use and to modify the credit period for certain facilities producing electricity from open
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced April 22, 2009
- Latest Major Action April 22, 2009
Bill Sponsor
Bill Cosponsors
18 (9 Democrats, 10 Republicans)
Bill Summary
Amends the Internal Revenue Code to modify the tax credit for producing electricity from closed or open-loop biomass facilities equipped with a metering device to determine electricity consumption or sale to allow a tax credit after 2008 for electricity produced and consumed at such facilities and to extend the credit period for such production.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| April 22, 2009 |
Introduced in the Senate by Blanche Lincoln (D-Ark.) |