HR 5157
116th Congress
House
Taxation
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Indian social and development programs
Tax administration and collection, taxpayers
Renewable Energy Investment Act of 2019
Introduced: November 19, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2019
Referred to the House Committee on Ways and Means.
Nov 19, 2019
Introduced in House
Plain-English summary
Renewable Energy Investment Act of 2019
This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1