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United States · Bill · S

S. 249 (107th)

Renewable Energy Development Incentives Act

referredUnited States· United States Congress· EN

Introduced

6 February 2001

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

Renewable Energy Development Incentives Act - Amends the Internal Revenue Code respecting the renewable resource credit to: (1) include alternative resources (solar, biomass, incremental hydropower, and geothermal energy); (2) provide an increased credit for certain co-production facilities, and for qualified facilities on Indian and Alaskan Native Indian lands; (3) provide for credit transferability; (4) require facility compliance with pollution laws; and (5) eliminate the January 1, 2002, placed-in-service date for purposes of qualified facility eligibility.

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Documents

3 official files

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Sources

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