HR 6031
112th Congress
House
Taxation
Alternative and renewable resources
Business investment and capital
Foreign and international corporations
Income tax credits
Taxation of foreign income
Wind Powering American Jobs Act of 2012
Introduced: June 27, 2012
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 27, 2012
Referred to the House Committee on Ways and Means.
Jun 27, 2012
Introduced in House
Plain-English summary
Wind Powering American Jobs Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2013 the tax credit for the production of electricity from wind facilities and the energy tax credit for investment in wind facilities, and (2) limit the foreign tax credit and tax deferrals for amounts paid or accrued by a major integrated oil company that is a dual capacity taxpayer. Defines "dual capacity taxpayer" as a person who is subject to a levy of a foreign country or U.S. possession and receives (or will receive) directly or indirectly a specific economic benefit from such county or possession.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1