United States · Bill · HR
H.R. 5266 (108th)
To amend the Internal Revenue Code of 1986 to encourage investment in facilities which use woody biomass to produce electricity.
Introduced
7 October 2004
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Internal Revenue Code to allow a tax credit for up to 20 percent of the basis of qualified woody biomass energy property placed in service in any taxable year. Defines "qualified woody biomass energy property" as new property which is used to produce electricity from woody biomass (e.g., trees and woody plant debris) placed in service before January 1, 2010, and which has a useful life of not less than five years.
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 7 October 2004
Introduced in House (PDF)
Introduced in House · EN · 7 October 2004
Introduced in House
summary · EN · 7 October 2004
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/108th-congress/house-bill/5266
- Open data entity: https://api.congress.gov/v3/bill/108/hr/5266