To amend the Internal Revenue Code of 1986 to provide an investment tax credit for biomass heating property and repeal the passive activity limitation exception for working interests in oil and gas property.

Summary

Amends the Internal Revenue Code to: (1) allow a 30% energy tax credit for investment in certain biomass heating property for periods ending before January 1, 2014; and (2) repeal the exemption from passive activity rules for working interests in oil or gas property.

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Timeline

1. 29 July 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 29 July 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 July 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 July 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 July 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 July 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 29 July 2010

  Open at official source

Sponsors

• Rep. Hodes, Paul W. [D-NH-2] · D · Sponsor
• · hswm00 · Standing

Related records

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