US SB802 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on April 2 2009 - 25% progression, died in chamber
Action: 2009-04-02 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 2 2009 - 25% progression, died in chamber
Action: 2009-04-02 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to allow an Indian tribe, in the case of a facility that uses a renewable energy resource to produce electricity in which such tribe has an ownership interest in the gross sales from such facility, to assign to any other person who has such an ownership interest any portion of the production from the facility that would, but for this Act, be allocated to such tribe for purposes of the renewable electricity production credit.
Title
A bill to amend the Internal Revenue Code of 1986 to allow Indian tribes to transfer the credit for electricity produced from renewable resources.
Sponsors
| Sen. Tim Johnson [D-SD] | Sen. Lisa Murkowski [R-AK] | Sen. Jon Tester [D-MT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-04-02 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2982 (Related) 2009-06-19 - Referred to the House Committee on Ways and Means.
Subjects
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Indian lands and resources rights
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/802/all-info |
| Text | https://www.congress.gov/111/bills/s802/BILLS-111s802is.pdf |
