To amend the Internal Revenue Code of 1986 to allow a credit against income tax to taxpayers using energy derived from biomass to power domestic paper, pulp and paperboard manufacturing process facilities.
Green Energy Paper Manufacturing Act of 2009 - Amends the Internal Revenue Code to allow: (1) a general business tax credit, up to $25 million in a taxable year, for the production of energy from biomass fuels for a pulp, paper, or paperboard manufacturing facility located in the United States; and (2) advance payments of credit amounts for liquid biomass used as a fuel to produce steam or energy at any such facility.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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