To amend the Internal Revenue Code of 1986 to provide for a livestock energy investment credit.

Summary

Amends the Internal Revenue Code to allow a business-related tax credit for: (1) the production of renewable energy from qualified energy feedstock using a technology verified by the Environmental Protection Agency (EPA); and (2) the sale or use of such energy. Defines "qualified energy feedstock" to include manure of livestock, any nonhazardous, organic agricultural or food industry byproduct or waste material derived from renewable biomass, solid wood waste materials, or agricultural or forestry crops. Allows such credit to offset alternative minimum tax (AMT) liability.

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Timeline

1. 4 February 2009

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 February 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 February 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 February 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 February 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 February 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 February 2009

  Open at official source

Sponsors

• Rep. Terry, Lee [R-NE-2] · R · Sponsor
• Devin Nunes · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Biogas Production Incentive Act of 2009
• related to ← Biogas Production Incentive Act of 2009