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S 1291 112th Congress Senate Taxation Alternative and renewable resources Electric power generation and transmission Income tax credits Public utilities and utility rates

A bill to amend the Internal Revenue Code of 1986 to provide a renewable electricity integration credit for a utility that purchases or produces renewable power.

Introduced: June 28, 2011 Introduced by: Klobuchar, Amy Democratic · Minnesota See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2011
Read twice and referred to the Committee on Finance.
Jun 28, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow an electric utility: (1) a renewable electricity integration tax credit for the purchase or production of renewable power, or (2) a payment in lieu of such credit for sales of renewable electricity to retail customers.

What's happening now June 28, 2011

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1