HR 5440
114th Congress
House
Taxation
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Income tax credits
Public utilities and utility rates
To amend the Internal Revenue Code of 1986 to allow certain regulated companies to elect out of the public utility property energy investment tax credit limitation in the case of solar energy property.
Introduced: June 9, 2016
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 9, 2016
Referred to the House Committee on Ways and Means.
Jun 9, 2016
Introduced in House
Plain-English summary
This bill amends the Internal Revenue Code to permit certain regulated companies to elect out of the limitation on the tax credit for investments in energy property with respect to public utility property that uses solar energy and is placed in service after December 31, 2015.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1