United States · Bill · S
S. 1206 (96th)
Small Hydroelectric Power Generation Incentive Act of 1979
Introduced
22 May 1979
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Small Hydroelectric Power Generation Incentive Act of 1979 - Amends the Internal Revenue Code to allow an additional investment tax credit for equipment used to produce electrical energy from hydroelectric power at existing small dams. Allows an income tax deduction equal to 50 percent of the cost electricity purchased from a small hydroelectric plant which is used by the taxpayer in his trade or business.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 22 May 1979
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/1206
- Open data entity: https://api.congress.gov/v3/bill/96/s/1206