US HB4967 | 2009-2010 | 111th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on March 25 2010 - 25% progression, died in committee
Action: 2010-03-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to modify bond arbitrage rules to provide that an investment-type property does not include a prepayment under a qualified renewable electricity contract, thus exempting such prepayments from arbitrage restrictions.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to provide an exception to the arbitrage rules for prepayments for electricity generated from renewable resources.

Sponsors


History

DateChamberAction
2010-03-25 Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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