To amend the Internal Revenue Code of 1986 to provide tax credit parity for electricity produced from renewable resources.
Renewable Energy Parity Act - Amends the Internal Revenue Code to eliminate after 2012 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).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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