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United States · Bill · S

S. 870 (111th)

A bill to amend the Internal Revenue Code of 1986 to expand the credit for renewable electricity production to include electricity produced from biomass for on-site use and to modify the credit period for certain facilities producing electricity from open-loop biomass.

referredUnited States· United States Congress· EN

Introduced

22 April 2009

Last action

22 April 2009 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Lincoln, Blanche L. [D-AR], Sen. Roberts, Pat [R-KS], Sen. Snowe, Olympia J. [R-ME], Sen. Cantwell, Maria [D-WA], Sen. Collins, Susan M. [R-ME], Sen. Bunning, Jim [R-KY], Sen. Cornyn, John [R-TX], Sen. Stabenow, Debbie [D-MI], Sen. Landrieu, Mary L. [D-LA], Sen. Isakson, Johnny [R-GA], Sen. Risch, James E. [R-ID], Sen. Chambliss, Saxby [R-GA], Sen. Vitter, David [R-LA], Sen. Crapo, Mike [R-ID], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Klobuchar, Amy [D-MN], Sen. Murray, Patty [D-WA], Sen. Pryor, Mark L. [D-AR]

Subjects

Energy, Taxation

Source updated

14 January 2025

Energy · Taxation

Summary

Amends the Internal Revenue Code to modify the tax credit for producing electricity from closed or open-loop biomass facilities equipped with a metering device to determine electricity consumption or sale to allow a tax credit after 2008 for electricity produced and consumed at such facilities and to extend the credit period for such production.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 April 2009

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 22 April 2009

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 22 April 2009

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 22 April 2009

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 22 April 2009

    Open at official source

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Sponsors

Related records

Sources

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