S 4104 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide credit rate parity for all renewable resources under the electricity production credit.

Introduced 2006-12-07· Sponsored by Sen. Smith, Gordon H. [R-OR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2006-12-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate after 2006 the reduction in the rate of the tax credit for electricity produced from open-loop biomass, small irrigation power, landfill gas, trash combustion, and hydropower facilities (thus allowing the same credit rate for all renewable resource facilities).…

Summarized by Claude AI · Non-partisan · For informational purposes only