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United States · Bill · HR

H.R. 5509 (109th)

To amend the Internal Revenue Code of 1986 to clarify the tax credit for electricity produced from open-loop biomass.

referredUnited States· United States Congress· EN

Introduced

25 May 2006

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends Internal Revenue Code provisions allowing a tax credit for producing electricity from open-loop biomass to: (1) eliminate the requirement that open-loop biomass be segregated from other waste material; (2) limit the amount of such credit based on consumption of nonqualified fuel by a open-loop biomass facility; and (3) allow the placing in service of additional open-loop biomass facilities with additional capacity.

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Documents

3 official files

Introduced in House (text)

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