To amend the Internal Revenue Code of 1986 to provide an elective payment for energy property and electricity produced from certain renewable resources, and for other purposes.
Renewable Energy Investment Act
This bill allows taxpayers, including certain pass-thru entities such as partnerships and S corporations, to elect to receive tax excludable payments in lieu of amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E516)
Referred to the House Committee on Ways and Means.
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