US HB5157 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on November 19 2019 - 25% progression, died in committee
Action: 2019-11-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 19 2019 - 25% progression, died in committee
Action: 2019-11-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Renewable Energy Investment Act of 2019
Sponsors
| Rep. Earl Blumenauer [D-OR] | Rep. Thomas Suozzi [D-NY] | Rep. Linda Sanchez [D-CA] | Rep. Danny Davis [D-IL] |
| Rep. Gwen Moore [D-WI] | Rep. Steven Horsford [D-NV] | Rep. Don Beyer [D-VA] | Rep. Jimmy Panetta [D-CA] |
| Rep. Suzan DelBene [D-WA] | Rep. Jimmy Gomez [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-19 | House | Referred to the House Committee on Ways and Means. |
| 2019-11-19 | House | Introduced in House |
Same As/Similar To
HB5158 (Related) 2019-11-19 - Referred to the House Committee on Ways and Means.
HB7330 (Related) 2020-06-25 - Referred to the House Committee on Ways and Means.
HB7330 (Related) 2020-06-25 - Referred to the House Committee on Ways and Means.
Subjects
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Indian social and development programs
Tax administration and collection, taxpayers
Taxation
Electric power generation and transmission
Income tax credits
Indian social and development programs
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5157/all-info |
| Text | https://www.congress.gov/116/bills/hr5157/BILLS-116hr5157ih.pdf |
