S 4013
109th Congress
Senate
Taxation
Alternative energy sources
Energy
Estuaries
Hydroelectric power
Income tax
Marine and coastal resources, fisheries
Ocean currents
Ocean energy resources
Tax credits
Water Resources Development
A bill to amend the Internal Revenue Code of 1986 to expand the resources eligible for the renewable energy credit to kinetic hydropower, and for other purposes.
Introduced: September 29, 2006
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2006
Read twice and referred to the Committee on Finance.
Sep 29, 2006
Sponsor introductory remarks on measure. (CR S10692)
Sep 29, 2006
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to include kinetic hydropower as a renewable resource eligible for the tax credit for electricity produced from certain renewable resources. Defines "kinetic hydropower" as: (1) ocean free flowing water derived from flows from tidal currents, ocean currents, waves, or estuary currents; (2) ocean thermal energy; or (3) free flowing water in rivers, lakes, man made channels, or streams.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1