A bill to amend the Internal Revenue Code of 1986 to repeal the limitation on the issuance of new clean renewable energy bonds and to terminate eligibility of governmental bodies to issue such bonds, and for other purposes.
Clean Renewable Energy Investment Act of 2010 - Amends the Internal Revenue Code, with respect to tax-exempt new clean renewable energy bonds, to: (1) repeal the national limitation amount for such bonds; (2) allow such unlimited bonds to be issued until January 1, 2014; (3) eliminate the eligibility of governmental bodies for new clean renewable energy bond financing; (4) designate a tribal utility as a clean renewable energy bond lender; and (5) provide that any reimbursements with the proceeds of new clean renewable energy bonds are subject to reimbursement rules applicable to all tax-exempt bonds.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S7632-7633)
Read twice and referred to the Committee on Finance.
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