Renewable Energy and Energy Efficiency Tax Act of 1991

[AI summary unavailable — showing source text] Renewable Energy and Energy Efficiency Tax Act of 1991 - Amends the Internal Revenue Code to allow an investment tax credit for renewable electricity which is generated and sold by a qualified taxpayer within the United States using solar, wind, or geothermal energy and which is not used by the taxpayer or a related person. Allows the use of such credit for a ten-year period. Excludes from gross income employer-provided transportation using a commuter highway vehicle (van pooling) and mass transit between the employee's residence and place of employment. Limits such exclusion to $75 per month. Excludes from gross income the amount or value of any subsidy provided by a public utility to a customer in connection with the purchase, installation, use, or maintenance of any energy or water conservation measure or for energy savings delivered by such measures. Disallows any other deduction or credit for such subsidy.…