S. 1291 — A bill to amend the Internal Revenue Code of 1986 to provide a renewable electricity integration credit for a utility that purchases or produces renewable power.

Summary

Amends the Internal Revenue Code to allow an electric utility: (1) a renewable electricity integration tax credit for the purchase or production of renewable power, or (2) a payment in lieu of such credit for sales of renewable electricity to retail customers.

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Related Legislation

H.R. 2391Renewable Energy for a Brighter Future Act
2011-06-24Referred to the Subcommittee on Energy and Power.
Related
S. 559Securing America's Future with Energy and Sustainable Technologies Act
2011-03-10Read twice and referred to the Committee on Finance.
Related

Legislative Actions

2011-06-28
Introduced in Senate
2011-06-28
Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to provide a renewable electricity integration credit for a utility that purchases or produces renewable power.

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