HR 2539
113th Congress
House
Taxation
Alternative and renewable resources
Income tax credits
Income tax deductions
Oil and gas
Prioritizing Energy Efficient Renewables Act of 2013
Introduced: June 27, 2013
Introduced by:
Schakowsky, Janice D.
Democratic
· Illinois
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, 2013
Referred to the House Committee on Ways and Means.
Jun 27, 2013
Introduced in House
Plain-English summary
Prioritizing Energy Efficient Renewables Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for producing electricity from wind, geothermal and solar energy, hydropower, and marine and hydrokinetic renewable energy facilities; (2) repeal the tax deduction for intangible drilling and development costs for oil and gas wells; (3) repeal the tax deduction for income attributable to the production, refining, transportation, or distribution of oil, natural gas, or any primary product thereof; and (4) repeal the percentage depletion allowance for oil and gas wells.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1