To amend the Internal Revenue Code of 1986 to provide an exception to the reduction of renewable energy credit for certain authority under the Farm Security and Rural Investment Act of 2002.
Rural Energy Equity Act of 2008 - Amends Internal Revenue Code provisions requiring a reduction in the tax credit for the production of electricity from renewable resources by grants and other credits to exempt certain loan guarantees or grants issued by the Secretary of Agriculture under the Farm Security and Rural Investment Act of 2002 (i.e., Rural Energy for America (REAP) Program).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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