US HB5440 | 2015-2016 | 114th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 11-2)
Status: Introduced on June 9 2016 - 25% progression, died in committee
Action: 2016-06-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 9 2016 - 25% progression, died in committee
Action: 2016-06-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to allow certain regulated companies to elect out of the public utility property energy investment tax credit limitation in the case of solar energy property. This bill amends the Internal Revenue Code to permit certain regulated companies to elect out of the limitation on the tax credit for investments in energy property with respect to public utility property that uses solar energy and is placed in service after December 31, 2015.
Title
To amend the Internal Revenue Code of 1986 to allow certain regulated companies to elect out of the public utility property energy investment tax credit limitation in the case of solar energy property.
Sponsors
Rep. Tom Rice [R-SC] | Rep. Mick Mulvaney [R-SC] | Rep. David Rouzer [R-NC] | Rep. Bradley Byrne [R-AL] |
Rep. James Renacci [R-OH] | Rep. David Roe [R-TN] | Rep. Jackie Walorski [R-IN] | Rep. George Holding [R-NC] |
Rep. Earl Blumenauer [D-OR] | Rep. Kenny Marchant [R-TX] | Rep. Robert Pittenger [R-NC] | Rep. Jason Smith [R-MO] |
Rep. Ron Kind [D-WI] |
History
Date | Chamber | Action |
---|---|---|
2016-06-09 | House | Referred to the House Committee on Ways and Means. |
2016-06-09 | House | Introduced in House |
Subjects
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Income tax credits
Public utilities and utility rates
Taxation
Business investment and capital
Electric power generation and transmission
Income tax credits
Public utilities and utility rates
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/5440/all-info |
Text | https://www.congress.gov/114/bills/hr5440/BILLS-114hr5440ih.pdf |