A bill to amend the Internal Revenue Code of 1954 to provide that the energy investment tax credit shall be allowed for certain U.S.-produced energy property used predominantly in any beneficiary developing country.

referredUnited States· United States Congress· EN

Introduced

26 May 1983

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow an investment tax credit for energy property produced in the United States and used predominantly in a foreign country designated by the President as a beneficiary developing country under the Trade Act of 1974. Limits such treatment to: (1) solar, wind, or geothermal property; (2) hydroelectric generating property; (2) ocean thermal property; and (4) biomass property.

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Documents

1 official file

Introduced in House
summary · EN · 26 May 1983
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/house-bill/3168
Open data entity: https://api.congress.gov/v3/bill/98/hr/3168