HR 3168
98th Congress
House
Taxation
Alternative energy sources
Biomass energy
Developing countries
Energy
Energy facilities
Energy tax credits
Exports
Foreign Trade and Investments
Geothermal resources
Hydroelectric power
Income tax
International Affairs
Investment tax credit
Ocean
Ocean thermal energy conversion
Solar energy
Tax credits
Water and Water Resources Development
Wind power
A bill to amend the Internal Revenue Code of 1954 to provide that the energy investment tax credit shall be allowed for certain U.S.-produced energy property used predominantly in any beneficiary developing country.
Introduced: May 26, 1983
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 1983
Referred to House Committee on Ways and Means.
May 26, 1983
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow an investment tax credit for energy property produced in the United States and used predominantly in a foreign country designated by the President as a beneficiary developing country under the Trade Act of 1974.
Limits such treatment to: (1) solar, wind, or geothermal property; (2) hydroelectric generating property; (2) ocean thermal property; and (4) biomass property.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1