HR 1954
110th Congress
House
Taxation
Alternative energy sources
Electric power production
Energy
Federal-Indian relations
Income tax
Minorities
Native Americans
Tax credits
To amend the Internal Revenue Code of 1986 to allow Indian tribal governments to transfer the credit for electricity produced from renewable resources.
Introduced: April 19, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2007
Referred to the House Committee on Ways and Means.
Apr 19, 2007
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow an Indian tribal government, in the case of a facility that uses a renewable energy resource to produce electricity in which such government has an ownership interest in the gross sales from such facility, to assign to any other person who has such an ownership interest in such facility any portion of the production from the facility that would, but for this Act, be allocated to such government for purposes of the renewable electricity production credit.
Makes such amendment applicable to electricity produced and sold after December 31, 2006.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1