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United States · Bill · S

S. 425 (110th)

A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

29 January 2007

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1292)

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Internal Revenue Code to include kinetic hydropower as a renewable resource eligible for the tax credit for electricity produced from certain renewable resources. Defines "kinetic hydropower" as: (1) ocean free flowing water derived from flows from tidal currents, ocean currents, waves, or estuary currents; (2) ocean thermal energy; or (3) free flowing water in rivers, lakes, man made channels, or streams.

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Documents

3 official files

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Sources

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