S 1697
110th Congress
Senate
Taxation
Biomass energy
Energy
Energy efficiency
Heating
Housing and Community Development
Income tax
Tax credits
Renewable Energy Tax Parity Act of 2007
Introduced: June 26, 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
Jun 26, 2007
Read twice and referred to the Committee on Finance.
Jun 26, 2007
Introduced in Senate
Plain-English summary
Renewable Energy Tax Parity Act of 2007 - Amends the Internal Revenue Code to include a 30% credit for qualified biomass fuel property expenditures as part of the tax credit for residential energy efficient property. Defines "qualified biomass fuel property expenditure" as an expenditure for property which uses the burning of biomass fuel (i.e., any renewable plant-derived fuel) to heat a residence and which has a thermal efficiency rating of at least 75%.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1