To amend the American Recovery and Reinvestment Tax Act of 2009 to revive the section 1603 program allowing the Secretary of the Treasury to convert certain clean energy tax credits into cash grants.
Energy Tax Credit Direct Payment Act of 2020
This bill reinstates in 2020 the program authorizing the Department of the Treasury to convert certain alternative clean energy tax credits into cash grants.
Introduced in House
Introduced in House
Referred to the Subcommittee on Select Revenue Measures.
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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