A bill to reauthorize and revise the Renewable Energy Production Incentive program, and for other purposes.
Redefines a qualified renewable energy facility as one: (1) owned by certain tax-exempt electricity-generating cooperatives, certain public utilities, governmental entities, or an Indian tribal government; and (2) which may involve electricity generation by landfill gas or incremental hydropower. Repeals the requirement that a facility be owned by a State or local government or instrumentality, or by a nonprofit electrical cooperative.
Extends through FY 2013 the deadline for first use of a facility eligible for incentive payments.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
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