US Congress House Bill 1901 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 54-0)
Status: Introduced on April 21 2015 - 25% progression, died in chamber
Action: 2015-04-30 - Sponsor introductory remarks on measure. (CR H2671)
Text: Latest bill text (Introduced) [PDF]

PTC Elimination Act This bill amends the Internal Revenue Code to phase out and eventually eliminate the tax credit for production of electricity from renewable resources. The bill repeals the inflation adjustment for current recipients of the tax credit and modifies the "beginning of construction" requirement to require that construction of an eligible project is continuous and makes significant progress. The credit is repealed in its entirety after December 31, 2025. The bill expresses the sense of Congress that the credit should be allowed to expire and should not be extended beyond its expiration date. The bill also reduces the corporate income tax by an applicable percentage based on increases in revenues resulting from this bill.

PTC Elimination Act

Rep. Kenny Marchant [R-TX]	Rep. Mike Pompeo [R-KS]	Rep. Sam Johnson [R-TX]	Rep. Scott Perry [R-PA]
Rep. Bill Flores [R-TX]	Rep. Bill Shuster [R-PA]	Rep. Steve Scalise [R-LA]	Rep. Joe Barton [R-TX]
Rep. Andy Harris [R-MD]	Rep. Louie Gohmert [R-TX]	Rep. Austin Scott [R-GA]	Rep. Walter Jones [R-NC]
Rep. Doug Lamborn [R-CO]	Rep. David Roe [R-TN]	Rep. Scott DesJarlais [R-TN]	Rep. Randy Hultgren [R-IL]
Rep. John Carter [R-TX]	Rep. Pete Olson [R-TX]	Rep. Morgan Griffith [R-VA]	Rep. John Culberson [R-TX]
Rep. Jim Jordan [R-OH]	Rep. Reid Ribble [R-WI]	Rep. John Shimkus [R-IL]	Rep. Tim Murphy [R-PA]
Rep. Jim Bridenstine [R-OK]	Rep. Mo Brooks [R-AL]	Rep. Garland Barr [R-KY]	Rep. Tom Graves [R-GA]
Rep. Paul Gosar [R-AZ]	Rep. Bob Goodlatte [R-VA]	Rep. Brett Guthrie [R-KY]	Sen. Cynthia Lummis [R-WY]
Rep. Mark Walker [R-NC]	Rep. Jeff Duncan [R-SC]	Rep. Gregg Harper [R-MS]	Rep. Richard Nugent [R-FL]
Rep. Earl Carter [R-GA]	Rep. Lynn Westmoreland [R-GA]	Rep. Dave Brat [R-VA]	Rep. David Schweikert [R-AZ]
Rep. John Ratcliffe [R-TX]	Rep. Barry Loudermilk [R-GA]	Rep. Stephen Fincher [R-TN]	Rep. Mick Mulvaney [R-SC]
Rep. Trent Franks [R-AZ]	Rep. Randy Weber [R-TX]	Rep. Robert Aderholt [R-AL]	Rep. Chris Collins [R-NY]
Rep. Raul Labrador [R-ID]	Rep. Steve Russell [R-OK]	Rep. Jeb Hensarling [R-TX]	Rep. Pete Sessions [R-TX]
Rep. Brian Babin [R-TX]	Rep. John Kline [R-MN]

Date	Chamber	Action
2015-04-30	House	Sponsor introductory remarks on measure. (CR H2671)
2015-04-21	House	Referred to the House Committee on Ways and Means.
2015-04-21	House	Introduced in House

SB2158 (Related) 2015-10-07 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/1901/all-info
Text	https://www.congress.gov/114/bills/hr1901/BILLS-114hr1901ih.pdf