S 542
109th Congress
Senate
Taxation
Agriculture and Food
Alternative energy sources
Biomass energy
Coal
Cooperative societies
Electric power production
Electric utilities
Energy
Environmental Protection
Geothermal resources
Government Operations and Politics
Housing and Community Development
Incineration
Income tax
Irrigation
Landfills
Methane
Minorities
Municipal solid waste
A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2005
Read twice and referred to the Committee on Finance.
Mar 7, 2005
Sponsor introductory remarks on measure. (CR S2170)
Mar 7, 2005
Introduced in Senate
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Plain-English summary
Amends the Internal Revenue Code to: (1) extend through 2010 the tax credit for electricity produced from certain renewable resources (e.g., wind, biomass, poultry waste); (2) allow certain organizations, including tax-exempt organizations, State and local governments, and Indian tribal governments, to sell unused amounts of such tax credit.
What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
2
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. 542: A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.. 109th Congress. Open America. https://openamerica.io/bill/109-S-542/
"S. 542: A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-542/.
S. 542, 109th Cong. (2026), https://openamerica.io/bill/109-S-542/.
[S. 542: A bill to amend the Internal Revenue code of 1986 to extend for 5 years the credit for electricity produced from certain renewable resources, and for other purposes.](https://openamerica.io/bill/109-S-542/)