US HB1602 | 2013-2014 | 113th Congress

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on April 17 2013 - 25% progression, died in committee
Action: 2013-04-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fair Allocation of Internal Revenue Credit for Renewable Electricity Distribution by Indian Tribes Act of 2013 or the FAIR CREDIT Act of 2013 - Amends the Internal Revenue Code, for purposes of the renewable electricity production tax credit, to allow an Indian tribe that has an ownership interest in the gross sales from a facility that uses a renewable energy resource to produce electricity to assign to any other person who has such an ownership interest any portion of the production from the facility that would, but for this Act, be allocated to such tribe.

Tracking Information

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Title

Fair Allocation of Internal Revenue Credit for Renewable Electricity Distribution by Indian Tribes Act of 2013

Sponsors


History

DateChamberAction
2013-04-17HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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