US SB1396 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 9 2019 - 25% progression, died in committee
Action: 2019-05-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 9 2019 - 25% progression, died in committee
Action: 2019-05-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies the tax credit for producing electricity from renewable resources to revise the definition of "municipal solid waste." The bill specifies that municipal solid waste does not include solid waste collected as part of a system which commingles commonly recycled paper with other solid waste which is not commonly recycled at any point from the time of collection through any materials recovery. The bill includes exceptions for incidental and residual waste. In the case of a facility that produces electricity both from municipal solid waste and other solid waste that is not a qualified energy resource (1) the facility is a qualified facility if it otherwise meets the requirements for qualified facilities, and (2) the credit only applies to the portion of the electricity produced from municipal solid waste.
Title
Protect America's Paper for Recycling Act
Sponsors
Sen. Debbie Stabenow [D-MI] | Sen. John Boozman [R-AR] | Sen. Thomas Carper [D-DE] | Sen. Johnny Isakson [R-GA] |
Sen. Tammy Baldwin [D-WI] | Sen. Bill Cassidy [R-LA] |
History
Date | Chamber | Action |
---|---|---|
2019-05-09 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Solid waste and recycling
Taxation
Electric power generation and transmission
Income tax credits
Solid waste and recycling
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1396/all-info |
Text | https://www.congress.gov/116/bills/s1396/BILLS-116s1396is.pdf |