S. 1157 — A bill to amend the Internal Revenue Code of 1986 to allow the energy investment credit for solar energy and geothermal property against the entire regular tax and the alternative minimum tax.

Summary

Amends the Internal Revenue Code to permit the investment tax credit in connection with depreciable solar energy property and geothermal property against the taxpayer's entire regular tax liability and minimum tax liability.

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Legislative Actions

1991-05-23
Introduced in Senate
1991-05-23
Read twice and referred to the Committee on Finance.
1991-06-13
Subcommittee on Energy and Agricultural Taxation. Hearings held.
1991-06-14
Subcommittee on Energy and Agricultural Taxation. Hearings concluded. Hearings printed: S.Hrg. 102-264.

A bill to amend the Internal Revenue Code of 1986 to allow the energy investment credit for solar energy and geothermal property against the entire regular tax and the alternative minimum tax.

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