To amend the Internal Revenue Code of 1986 to provide an exception to the arbitrage rules for prepayments for electricity generated from renewable resources.

Summary

Amends the Internal Revenue Code to modify bond arbitrage rules to provide that an investment-type property does not include a prepayment under a qualified renewable electricity contract, thus exempting such prepayments from arbitrage restrictions.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 March 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 25 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 March 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 March 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 March 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 March 2010

  Open at official source

Sponsors

• Rep. Giffords, Gabrielle [D-AZ-8] · D · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Rep. Bono Mack, Mary [R-CA-45] · R · Sponsor
• Raúl Grijalva · D · Sponsor
• Sen. Luján, Ben Ray [D-NM] · D · Sponsor
• Earl Blumenauer · D · Sponsor
• Rep. Carnahan, Russ [D-MO-3] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.