To amend the Internal Revenue Code of 1986 to permit the issuance of tax-exempt bonds for financing clean energy improvements under State and local property assessed clean energy programs.
Property Assessed Clean Energy Tax Benefits Act of 2009 - Amends the Internal Revenue Code to authorize the issuance of tax-exempt bonds to finance state and local government programs for clean energy improvements in buildings. Defines "clean energy improvements" as any distributed generation renewable energy sources, energy efficiency improvements, or water efficiency improvements which are permanently affixed to a building and result in a 20% savings in energy consumption.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E2836)
Referred to the House Committee on Ways and Means.
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