A bill to amend the Internal Revenue Code of 1986 to provide tax credit parity for electricity produced from renewable resources.
Renewable Energy Parity and Investment Remedy Act or REPAIR Act - Amends the Internal Revenue Code to eliminate after 2010 the reduction in the rate of the tax credit for electricity produced from open-loop biomass, small irrigation power, landfill gas, trash combustion, and hydropower facilities (thus allowing the same credit rate for all renewable resource facilities).
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5704-5706)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706)
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